Sorry, that was directed at the comment you were quoting. (Post blaming NTL for NZXs responsibilities etc...)
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Sorry, that was directed at the comment you were quoting. (Post blaming NTL for NZXs responsibilities etc...)
[QUOTE=Fatboyj;695265]Well there's ale could be listening to that moose. Silly people.
Sorry I dont see it, where is the MEGA DOWNRAMPER ?
He hasnt said that that there is no gold there and he dosent seem to pushing it down to get in cheep, nor is he doing a pump and dump either.(or a NTL stile pump and hand out) the NTL team is doing a good job of keeping the share price down themselves, they dont need any help.
It looks like that share holders dont trust them until they have some real cash coming in, or very close to coming in.
Too many been caught out to many times.
Go back and read his diatribe over the last 6 weeks or so. The Moose got badly shafted on SNK and now he sees conspiracies where there are none. I can't figure out if he is annoyed he missed out on buying sub 1c or is just as skitterish as all hell. Maybe he's both.
Sorry I dont need to, NTL are good at doing there own shafting, look back at most of there share price falls, they seem to mostly start like this- We are fully funded for now- blar blar, good news, good rise- hand out, goes down, some pay up, price goes up a bit, and then second crack, who wants some shortfall???
If you don't put that in context of where they are in their development I guess you will see what you want to see. I was caught by the SPP but other than that I have no complaints as I'm in for the long haul anyway. I can see why people who bought at the top of the last surge are worried with the drop, but medium to long term I believe anything under 3 will look seriously cheap.
DYOR
I am of the firm belief that NTL has taken that lesson on board and the hand out will be reaching for the gold in the mine and not into SH pockets.
Market some of those high quality samples we have been told about and the SP will be north of the 3 cents it last reached. For now I would say it is not going higher as cash is needed for Christmas.
Cheers to all NTL holders for the seasons.
So you only got caught once ? or about once a year?
I believe that under 3 looks cheep NOW and would have been v v cheep if the ntl team didnt fix it, dont need medium to long term, the issue is that the share price was shot down by a failed SPP after them saying they were ok for cash.
there is a high chance that 3c would have been long ago and we would be well above that by now with more cash in the bank.
I tock up all my SPP to support them and have since sold most of them off at a break even. I dont intend to buy any more NTL as I have to great % of my holdings in it already and have been in for the long haul and not about to jump the boat just before payday.
I don't understand your strategy unless you had cashflow problems. You say you're not going to jump just before the payday in one breath and the one before it say you sold your SPP shares at breakeven, which sounds pretty much a contradiction to me.
Failed SPP? It did knock the SP to hell but put another 1.9 million in the bank which we will get the benefit of with the concentrators. If you are in for the long haul the SP today doesn't matter squat.
I had the holding that I was happy with, the SPP came, I supported it ( with a short to medium play this time) as I have many times before ( the news that followed turned it in to a short play) also when I sold, I was thinking/hoping that I would need that money and a lot more for my NTLO. the lack of expected news saw a end to that.
Low share price dose matter, 1 simple example is when a company wants to rase money it makes it easy with a good share price, less water.
I think that when I first got NTL shares there was a few hundred million shares now look how that has grown, they keep on adding water water water and promises into a leaky bucket.
I think that we are close to having a good share price (payday with the pebbles being close to the gate) and I would love to buy another house with my share in a few years, but I am not going to bet my current house on it.
"A detailed update on progress at Talisman project areas is currently being finalised which will be released as part of the Half Yearly report to be released by the 14th December"
So very soon, hope it's a good one!
1.9's just been wiped out, and there's more buyer than sellers now (ANZ Securities)
*edit - someone just added more at 1.9