Exactly, only tiny amount available at .008c at the moment, and so some people who bought in at 6c to sell at 8c and sold to make a bit of coin, but not many considering how much was bought.
The drop is "Fake Weather"
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Well, that's awful for you, Rosco and whatsup. Truly.
I have a similar story, maybe worse, with a couple of junior Aussie oilers - Target (TEX) is one, the other has changed names many times since I've held, from NEO to QPN to IND and they want some more money now and are going to change their ticker code back to NEO.
On my portfolio, they show horrendous losses of 97% and 94%. Yes, better forgotten!
(On the brighter side with Aussie oilers, I've made 28% on Beach (BPT) in less than a month. Still holding)
But I have only been in NTL a year or so, through just one cap raising, and I feel pretty darn positive about them.
Let's hope we all make some money out of this company soon.
The original Crown Mines in Karangahake started in 1883 and did not pay its first Dividend until 1896. Between then and 1926 3.5 million ounces of gold was taken out of this area. So in that case it was worth the wait. The good news is that we will not be waiting anywhere near as long as the original mine.
Not sure if there is value counting capital rasing before HGD and NTL. I think anything prior has to be a write off as they were not able to get to this position that the current management has achived
The VWAP today was 0.815c
I find this figure of some interest.
It's available at https://stocknessmonster.com
I wonder how closely OGC are watching this all play out. it must be starting to get there attention