No capital raising needed gold will be over $5000.00 USoz in the near future.
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No capital raising needed gold will be over $5000.00 USoz in the near future.
60 million shares for sale at .8c.Says it all really
Remember when people were selling A2 Milk at 50 cents, what did that tell you about the companies future. NOTHING.
And I reckon shareholders will be extremely wary of another capital raise, seeing as the last was supposed to be enough to take the business to cash flow positive, complete bulk sampling, and start extraction and full production.
http://nzx-prod-s7fsd7f98s.s3-websit...634/301200.pdf
20/21 Q1 has just finished. So I suspect the report due at the end of the month will only repeat the 'we're talking about a JV', while showing further cash outflow.
Not sitting in the ground it won't be.
Unless NTL are planning a joint venture and have some way of processing the ore they haven't yet told us, they'll need more cash to get to a point of cash flow positive.
IMHO.
Have been a holder for a few years and if past history is anything to go by we are still a long way to selling gold.
You might be right though, by the time they do it could be 5 grand an ounce.
Problem for me still sits with management and their failure to deliver on timelines. SP is heavily discounted based on their lack of results.
its clear they were never going to deliver on the timelines. It a do the least to get the money in. The investors need to realise what obvious and hold some feet to the fire..
I would guess that less than 75 shareholders are in control of the company and that is the problem. The board and the management know that it is unlikely that the shareholders will organise themselves. The board is supposed to represent us the shareholders and I see very little evidence of that. Hills salary is an example. My view is that his renumeration should be made up with shares as well as a base salary to focus his attention and align his interests with the shareholders. 400k / annum is an outrageous amount for a Small company that has achieved very little. These guys are relying entirely on raising capital from the shareholders. This company needs to become cash flow positive and The board and CEO do not see it that way.
Hill per Ann Rep.
2019 $415
2018 $360
2017 $356
2016 $187
2015 $230
2014 $254
2013 $153
2012 $20
Had 42m shares in 2019, whether there are more in "family" trust - would he have to declare related party holdings? Certainly worth keeping this thing running
Here is a quick summary of why you should think twice before investing in NTL.
September 2013 - CR @ .010
June 2014 - CR @ .008
October 2014 - CR @ .010
June 2015 - CR @ .007
May 2016 - CR @ .005
August 2017 - CR @ .022 (ouch)
June 2019 - CR @ .007
My apologies if I have missed any others etc. I think the point remains though that it is hard to stay positive when it always feels like there is further dilution just around the bend.
Not a good look is it and I agree with T. rex’s comment about Hills holdings relative to his renumeration.
You have to be sceptical when the COO has no shareholding and the CEO along with the board didn’t take part in the last capital raise. They all knew of course that it was not going to be the last. Possibly when the above gentlemen come up with some dosh then maybe this mine will be close to producing revenue.
The 3.1c high was pre-raise. They raised at 2.2c and sp has been on a downward trajectory ever since. You're share of the pie now less than 1/3rd of what it was at the time of that raise... So, if you were unlucky? enough to have bought at that 3.1c high, not only have you lost 80% of your investment $. your share of the asset you bought into is also 2/3rd less than it once was...
i.e your risk/reward has been decimated...
All the while the guy running the show is floating around on a lilo in his infinity pool...
And he did some more of that lilo floating (from memory) just over a year ago in Fiji. He evidently went to Fiji to "investigate" processing the ore there.:eek2:
Even the CEO of Smith's City (which was about to go into receivership) took a pay cut during the virus lockdown, but this trougher wouldn't even have considered it. Too busy gazing out from his infinity pool I guess. :)
Ok re 3.1 post raise I stand corrected. Then in that case if you came in at the top like any share trade you would be sad even bitter. I think most shares could show someone buying high being I n red at lower prices. My point however appears valid after all but 1 cr it appears an investor could profit.
Looks like your wrong https://www.nzx.com/announcements/355453
Have you guys done a dilution analysis?
I bought X shares at Y$ when Zm shares at MC = $m
Now I hold X shares at Y$ when Zm shares at MC = $b
So now I hold ... what % share of the company, worth what?
Here's a story for you stalwarts. I own a copper miner who was serially useless, diluted into oblivion by multiple cap raises then they ****ed over the shareholders by a consolidated at 400:1 making my holding go from a few million worthless shares to less than a hundred worthless shares, which are still worthless because the useless company has never dug or processed any copper out of the ground.
Sound familiar? You feel like a king holding millions of shares but when push comes to shove the company can either .. fail and screw you through consolidation, or even be successful and screw you through massive consolidation.
Figure out your holding as a % of total Cap and see how you're affected by a massive consolidation which can occur whether the company is successful or not.
How many billion shares has this dog got now, even a few millions shares is a rounding error.
Yes i agree Its like forgetting 2020 figure and calling foul.....
This seems to show at least some holdings and also shows something else if one researches
https://www.asx.com.au/asx/statistic...idsId=01918651
Note how Jonu is doing the spillover tactic from another seperate thread.This is diversion ala trump. Note how conspicuous by his absence jonu has been today. note he has been the chief ramper on here for years >Ask him how many shares he has and what his average entry is , no answer, ask him how many trades he has done whilst ramping, no answer, ask him if he has any regrets sucking newbies into this penny dreadful no answer. Has he got a conscience I doubt it. Is he the biggest cynic on Sharetrader , imo YES.
Just to try and change the tone a little.
We all have our thoughts good or bad on the company but what i'd like to know is:
At what point do you think NTL's potential starts to interest other operators or JV partners?
We have a peer reviewed resource estimate stating 380,000 Ounces Bullionequivalent - what % of this do you believe could be extracted??
Price of gold has broken into the US$1800s - At what POG do you think the mine would look to good to not buy or throw some money at??
The two key issues I see at the moment
1. Processing
2, full resource consent
How much money do you think it would take to get this over the line??
I look forward to reading your opinions
I gave you the answer about not trading the stock. You were too ignorant to absorb it. As to my holding and average price...I have indicated I am a substantial holder at a good entry level previously.
Do I feel accountable to you JT? Not in the least. If you consider positive, reasoned, analysis ramping then it explains your attitude on many things.
Back to more pertinent issues. The SP appears to be holding up well on reasonable volume. I'm wondering whether there is an accumulator at 0.7 with that huge wall at 0.8
The ASX has hardly flinched with next to no volume.
No point engaging with those who are so hellbent on downramping they make stuff up Jonu. Clearly this girl missed out and is trying without any effect to put pressure on price to get in......jt there is a technical term for that in securities law....just saying....The disclosure based manipulation prohibition
The disclosure based prohibition comprises
sections 262 and 264 of the FMCA:
262 False or misleading statement
or information
A person must not make a statement
or disseminate information if—
(a) a material aspect of the statement or
information is false or the statement or
information is materially misleading; and
(b) the person knows or ought reasonably
to know that a material aspect of the
statement or information is false or
that the statement or information
is materially misleading; and
(c) the statement or information
is likely to—
(i) induce a person to trade in
quoted financial products; or
(ii) have the effect of increasing,
reducing, maintaining, or
stabilising the price for trading
in those financial products; or
(iii) induce a person to exercise a voting
right attached to a quoted financial
product in a particular way, or to
abstain from exercising such a right.
264 Criminal liability for false or
misleading statement or information
(1) A person who contravenes section
262 commits an offence if the
person knows that the statement
or information is false in a material
aspect or is materially misleading.
Is Martha Hill Mathew Hills mother, sister, wife or mistress?
Either way, the only shaft going on here is to the shareholders.
Now listen up Matt.
NTL is a boutique bucket and spade operation.
If you cant trust the family up in Waihi to treat NTL ore, shove it in a shipping container and send it across the ditch, where there are any number of chompers waiting to scrunch down on some Kiwi ore.
The old codgers who dug these shafts back in the 1900's never had any pilot plants, yet they still managed to get gold to the market!
As any farmer will tell you, make hay while the sun shines!!
Old article on Hills salary
https://nz.finance.yahoo.com/news/do...203414152.html
NTL, rampers, jumpers, diggers - NEWBIES DYOR - NTL has potential, whether it gets there or not - no one knows.
Why hasnt OGC come in and bought it - return versus investment - if NTL was a no brainer, then one of the big boys would have stepped in with cash and bought this thing. While there has been talk for years about JVs - nothing materialised......yet/ever?
Still a holder (just 1m), still optimistic, but well and truly cynical.
Really interesting viewing this from the sidelines. Some really passionate shareholders and more cautious people pointing out the flaws and giving warnings that are not really listened to.
Personally I would love to see them succeed but they are honestly just mucking around milking shareholders for cash.
Tasman mining is another small outfit. They got agreement with Oceania to develop Blackwater. Vaguely similar narrow fine, underground mining around historic workings.
Oceania got the permit in 2014. Spent $18 million on exploration. Couldn't make it work so farmed out to Tasman Mining in 2018 who say it will be about $70 million to develop.
They went and got PGF funding:
https://www.beehive.govt.nz/release/...gets-pgf-boost
And recently indicated they have secured a funding partner in the Westport News and once they get OIO approval are away to the races.
2 years. From negotiating the permit with Oceanea to having enough cash to actually develop the mine they spent 2 years.
Perhaps everyone can draw their own conclusions.
Not sure there is much value in this comparison. Without bothering to look further than your post....2 years, plus 4 years and 18 million from OGC and they are reliant on an OIO approval and subsequent 70 million to develop? On top of that there are g/t and extraction costs to compare. Can't be arsed going that far down the rabbit hole, but until that 70 million is in the bank they are no further ahead.
And what's not to say it takes them 5-10yrs to develop. I see your point in that they found a investor willing to throw 70m at them and maybe NTL's story would be a lot different if someone threw 18m at them at the start or they got PGF funding given it's location getting PGF money might be a bit more challenging.
However this is why I asked the3 question above. What would 5m do if it fell in there lap what would 10m do??? At what point dose that small amount of investment become feasible?
One one hand processing is not an issue at all but due to the small scale and limited funds it becomes an issue.
the bigger issue i see is full resource consent. why would you throw massive amounts of money at something when it may only last 2 years. but to get resource consent you need to connect a whole lot of other dots.
Slowly the dots are forming a line a snail trail it may be but a line no less closer to real production. not oh look we made some gold but we can't make anymore for awhile because we haven't got A,B,&C sorted.
"NTL is a boutique bucket and spade operation."
almost , RIGHT UP THERE WITH CLARK "where would you be without your gumboots..."
no one wants it because there is are plenty of other places to dig... around the world.
LOL, "appears to be holding well". my job is done you and your" mine in the ground run by a liar "have been exposed for the fleecers you are i believe. I will be back occasionally to remind folks. remember people its a weighing machine and its your money they are after , that simple , no scruples its legal and its just business.Avoid .
Hard to tell who you are quoting in that rant....but some of it is defamatory. I'll leave others to judge how that reflects on you. You do seem genuinely pissed that the price hasn't collapsed. Whatever "job is done" entailed, has apparently failed miserably and exposed some of your less appealing qualities in the process IMHO.
This thread is closed for the interim, while some investigation is carried out.
Vince
Folks,
The Sites terms clearly state that if you work for a listed company in any capacity whether it be the office lady or the C.E.O you must clearly identify yourself as such.
Should this be ignored, your user profile will be banned from Sharetrader and reported where necessary.
These steps unfortunately have had to be taken today which is disappointing to say the least.
Vince
Vince, please elaborate.
I think it is bullish
To clarify for all members the user profile in question was 'Bullish' which was being used by a member of NTL.
Furthermore, all members should disregard anything which was posted by the member "Bullish".
Do the board of NTL know who it is ?
What does that tell you about JT's stability? :D
I've crossed swords with JT a few times over the years, usually in a civil and often tongue in cheek manner, and usually on the political threads where his beloved is currently taking a hammering. I'm pretty sure his recent rant is a reflection of that. It certainly was defamatory and am awaiting Vince to take action.
Bullish PM'd me last night. He wasn't rude or anything, but wanted to know "what Hill had done to me" for me to have such a dislike towards him.
Bullish had his account set up so he/she could PM out but could not receive messages back. Pity really because he/she never got a chance to read my reply. :D :D :D
I've just reported this post to Vince for Moderation. I assumed this was what he was looking into earlier today. I consider it defamatory and vindictive. I take it from this post that Joshuatree saw it as his job to destroy confidence in a listed company and feels it is ok to defame people as he does so.
Bullish started posting on about page 2 of this thread. He (and I say that is a he because I am old enough to recognise and admit that men write differently to women) seems to be very well informed.
Hey Jonu, I admire your enthusiasm and support your posts on almost all other things, but getting worked up about JT here on NTL isn't helping your cause. He uses inflammatory rhetoric to wind you up, it could be fairly said NTL are serial liars because time and time again what they say they will do isn't what they actually do, or achieve. Alternatively though you could say they are optimistic, perhaps overly so and unintentionally mislead investors. Depends on your perspective.
I don't see what JT said as being defamatory, but not being a legal mind I wouldn't know the in's and out's of it. What you might need to get used to is that NTL have misled investors for decades 'it's a proven goldmine and profit is just around the corner'. Well that may be the case but the fact is that they have huge hurdles still to overcome to get to realistic commercial production. Massive hurdles, some are potentially show stoppers.
There's really very little evidence that this is a good investment right now, some might say no evidence. Serially they underperform, over promise and fail to deliver. Imo you won't see any commercially viable gold quantity coming out of this mine for a long time, if ever. Just compare it to Aus explorers and you'll see how inept this management is at converting possible and probable ... to mined and sold ore.
Just saying. No need to shaft the doubters, they have decades of reality to refer to. They are also correct that unbelievably NTL have managed to secure vast millions of $ to sustain their exploration, diluted shareholders into oblivion, pay their staff outrageous salaries (no way they can justify the CEO salary, for example, come on!), and deliver pretty much nothing except promises which have never been delivered upon.
Sorry to run against you Jonu, I do genuinely like and read what you have to say elsewhere, but I think this company really is a flea ridden dog and when it isn't, or if it ever isn't, a simple price chart will flag a buy-in. No need to suffer however long the opportunity costs of holding a mutt with no evidence of ever getting a ROI.
To avoid all confusion... no other employee's of NTL are being suspected of being the user "Bullish"
I can confirm it was the current C.E.O of NTL that was in fact the user Bullish and another couple of usernames which have been banned previously.
Anyone's entitled to an opinion Baa....that's not the issue. Throwing the word liar around in public is a very serious matter. Fleecer wouldn't be far behind.
These are not small issues. JT can complain to the appropriate regulatory authorities if he thinks he has a case. Throwing defamatory comments about leads to expensive places. JT may well learn this. I hope Vince doesn't have to learn it with him.
Thanks for investigating. This is truly pathetic - shareholders have been crying out for better communication and accountability, meanwhile the CEO is spending his time posting on here under a false name. Not to enlighten us, but to defend himself. Time for shareholders to contact the board and ask if this is the best man for the job.
Careful Jonu, you're conjoining JT's comments with Sharetrader's tolerance for free speech. IMO FWIW, NTL have consistently led investors to believe things that haven't come to pass, continually year after year. Is that lying? Maybe if it was intentional but that'd be hard to prove. Was it optimistic but didn't happen, that'd be easier to uncover and seems more likely.
Your vendetta with JT is misplaced, imo (and I don't like JT to be clear). Let it go. Ignore him if you will. It doesn't advance the NTL conversation and just demonstrates your frustration with having a naysayer on the forum. There are a lot of disgruntled current and ex-shareholders, potentially they might feel that they have been misled, even lied to. I wouldn't know. But NTL still serially under performs against their optimistic promises.
Furthermore, one of the other identities the C.E.O of NTL used was Epithermal
Again I ask all members to disregard anything which was posted by that username.
You're a gem Vince, thanks for bringing this to our attention.
Not sure why a senior insider would hide behind an anonymous username unless they were embarrassed by their company performance, or lack of.
Some few other company leaders are open and authentic here, using real names and posting from time to time honestly about their company performance and plans. NTL's CEO however apparently has ulterior motives which go back 7 years of postings!
Go figure shareholders.
Draining the swamp?
Imo he's definitely not the right man for the job, and I'm even more convinced now after these latest displays of CEO "honesty, openness and transparency" :t_down:.
I suspect Mr Hill is not going to sleep very well tonight.
It might be a good time for 'Sylvester Cat' to write a story publicly exposing this CEO's actions.
Deleted. Posted twice.
I agree this man has got to go. With him at the helm this company has no integrity. If the board does not take action then it reflects very badly on them as well and they need to be replaced.
It is possibly what the company needs - new leadership.
I concur with Baa Baa here.I keep tabs on this thread with morbid fascination.
Been there done that with these types of companies & learned my lesson.
My view is early investors to often get excited in this type of share is going to hit the jackpot. Too often it just turns into wishful thinking.
So how will this affect the share price tomorrow and moving forward?????
WOW I have to say I am shocked! What shameful dishonest behaviour. And its been going on for years! :eek2: Yikes. He clearly lacks any integrity. He should not be the CEO of this company or any company for that mater. I hope he gets whats coming to him! :t_down:
Id think again Jonu. So glad this has happened, some transparency and true colours have been found out imo and i may occasionally express my opinions and thoughts but dont want to waste more of my time here, i have INVESTMENTS to research.. I often use that quote about spekky penny dreadful mining companies , explorers developers. very high risk speculating imo not investing.
I know some newbies are attracted to these because they simply sound cheap and exciting. And a few rampers/prmoters and they're hooked. Thats fine if you have easy money to burn . Who knows someday gold may be extracted successfully and profitably for ALL with new management but count me out regardless, good luck which ever. .
Its the investors who are being mined atpit imo though.
I know it can be hard to crystallise a loss and instead throw more money into the next serial cap raise, just think who the main beneficiary is , who was here under cover trying to keep the money train going. Flushed out thanks to Vince.
As humorous as I find this. In truth it is absolutely appalling!
A CEO coming on this thread attempting to influence readers under an undisclosed pen name is surely no more than a charlatan?
Wow, that is terrible - and he included a lot of "bullish" sentiment which would have swayed users into participating into CR for sure. I wouldn't be surprised if this was happening on other forums as well.
You know what's further appalling, despite being active on the forums and seeing all the discontent in the shareholders and the issues they were concerned about, he still ignored it and took NO measures to improve on the communication front or addressing shareholder concerns. Surely this has got to be against some form of NZX rules? Thanks Vince for the action.
Don't forget in the past a Chinese outfit was lining up to gobble up NTL or something along those lines ..
Anyway, the last word heard was that they didn't front with the bucks
Now if they really saw gold through the shrouds of heavy Waihi mist, I can't imagine any Chinese investor
not finding a way to do utmost to find the readies, rather than becoming invisible at the relevant time
of needing to slam the loot on the counter ;)
Then varying themes on a JV of other parties with GHL/NTL have been trotted out, which so far have gone nowhere
I really enjoyed reading the book 'The Luminaries' which is about Actual Gold Production in New Zealand.
I really, really enjoyed the current hilarious introduction to the Wikipedia entry on the same:
Attachment 11741
Note: never ever use Wikipedia as a source.
I am also enjoying 'The Luminaries - TV series', available on the BBC iPlayer, whilst I am stuck here in Little Blight on the Down (aka England), starring Eve Green:
Attachment 11742
who is not a Kiwi
and Marton Csokas:
Attachment 11743
who is.
(There are some other actors in it too)
The plot is complex, intriguing, gripping even. It twists and it turns. It unravels slowly. It surprises and confounds. It leaves you exhausted but satisfied that it was worth the effort.
But all that is nothing compared to this thread.:eek2:
Happened to look at a Gold Miner across the ditch in Perth - of a very similar name - Talisman Mining - ASX (TLM)
A lot more activity over there - but smallish company - in 2019 year they sold an associate mining operation
Enough for a good dividend & Cap Return ; their operation fully funded now
The cost to the company of all their Senior Exec's & Directors including add-ons Super was
2018 AU $ 280K - Execs each
2019 AU $ 300K
MD roughly AU $400K + Super etc
All up 2019 AU $1.259M ; 2018 AU $ 1.214M (page 35 of June 30 2019 Annual Report)
that is for an operational fully funded Listed Aussie Miner which has delivered to it's shareholders
Links:
Earn Out - Luck Now Gold Project:
https://smallcaps.com.au/talisman-mi...-gold-project/
SmallCaps - Stock Summary:
https://smallcaps.com.au/stocks/?symbol=TLM
2019 FY Report - 30 Jun 2019 (pdf)
https://cloud.weblink.com.au/pdf/wcn...p/02152623.pdf
2019-20 HY Report - 30 Dec 2019 (pdf)
https://cloud.weblink.com.au/pdf/wcn...p/02152623.pdf
Contrast Perth's Talisman with NZ's NTL in this thread
NTL here in it's past had interest in other Mineral Companies - Broken Hill ?? comes to mind
What is the NTL Investment subsidiary doing now (if anything) ?
NTL shareholder register was also used as a float off for two if not more other listed Entities -
Ecademy & TRS come to mind (these may need correcting) from under Mr Atkinson's time
at HGL / NTL ( None of recent times - but these at least captured interest in HGL at the time)
Are NTL Shareholders really getting real vaue for money from the current NTL Board & Senior
Executives ?
Great job Vince for getting to the bottom of this and taking appropriate measures. Feel sorry for holders, surely he should be reported to FMA and other market surveillance authorities. And I'm sure being dual listed ASIC will be all over this.
This is truly shocking. The only positive I can take from this is knowing Mr. Hill has been reading the threads he can be under no illusion as to how feed up his shareholders are at the lack of progress. It would be a brave man to attempt a CR now... of course that presents it's own issues with only 2 months worth of cash in the bank.
Good work Vince - thats amazing, Im shocked and dismayed.
I would like to see a summary of what bullish posted - for my (non-legal) mind, he should be struck off as CEO/Director and banned - open and honest disclosure is paramount in this current day and age.
My cynicism has doubled, and really feel its time to eat humble pie, bank my loss, and get out while I can.
Wish I knew more about Companies Act.
I am sure the Chairman of the board Charbel Nader will make a statement about this. Well I hope he will.
NTL in some ways reflects the wider world. You have uprampers and down rampers.Personal and private companies,different view points and plots ,and plots within plots.
What I am getting at here is for a long time I have been wondering who these up rampers and down rampers and to what real purpuse they were pushing. Our CEO has been shown to be an upramper and Vince was correct to point it out to us. Now who are the down rampers and what is their plot. Without a doubt NTL could be a very proifitable company and other enties would be only too happy to see the company go under so they could pick it up for a song.Under the law as it stands ,as Vince has pointed out,anyone associated with the company directly needs to state this clearly before posting. Unfortunately that leaves the downrampers with a free hand, the identiy of which we can never know and under the law neither Vince or anyone else is required to dig to expose them.
We most likely have a plot within a plot here with NTL.I suggest all readers place MH posts in the garbage but leave the garbage can open for the downrampers that have their own plans which are most likely not in the interest of current NTL holders.
I have a shares in NTL.
Wow, what a crazy turn of events.
I can't seem to find any info about the AGM date? I'll get my popcorn ready when I tune in for that!
In the past he's phoned me (and I understand other shareholders) with rough messages when comments were made questioning his performance relative to salary. I apologised, given the business was in the middle of a capital raise and deleted my posts. I did question whether it was appropriate for the CEO to discover my contact details using the share register and my user name here and contact me without the board knowing.
Posting here anonymously doesn't surprise me. Part of me suspects the board already knows of this behaviour.
so the big question now is has he been posting on Hot Copper,if so what are the rules like in aus?
I have not seen an announcement on the NZX this morning saying the CEO has stepped down,but I would sure expect to see one soon.
I wonder if Vince has informed the guys at Hot Copper of this breach of rules?
Agree Lion. Some honest monthly updates from MH instead of what has been revealed is what shareholders expected. I feel sorry for his family and the rest of the board if they were unaware of what was going on. Also sorry for Wayne Chowles who I see as a very competent manager and having a huge passion for the project. The pace the project has had perhaps has much to do with internal board and management disagreement. IMHO MH must resign or be fired now as the CEO with an interim CEO appointed (maybe WC). We dont want to have MH at the next AGM seated at the vitual front desk. With the JORC in place and peer reviewed and the soaring POG there is still an extremely bright future for NTL under fresh and talented leadership. Just hope the board will now act decisively.
Vince should've just changed the username to Bullshi*
Thoughtful post digger.
Assuming Vince is correct, Bullish has breached the terms of this site. Reading his recent posts I see factual responses to some fairly inaccurate claims from others. I doubt there is a breach of the LAW but don't have any expertise there.
I'm not defending staff posting anonymously, but some of the outrage being expressed should perhaps be tempered by reflecting on some of the defamatory and fictional claims made on this site by other anonymous posters. We have no idea as to the connections of these other posters either, many of them apparently hellbent on destroying value in the company by pricing fictional imminent Cap Raises etc.
I have reported what I consider a defamatory post and have yet to have a reply. I hope it is dealt with appropriately.
In terms of the company itself, Matt Hill needs to knuckle down and produce gold that has just been confirmed by Peer Review.
Has bullish/Hill mislead us in the forum?
Is it against the rules?
Has NTL mislead us with the updates of progress?
Are there up and down rampers?
Who knows. But for a CEO of a dual listed company to be posting without disclosing who they are is plain dumb.
SHOW ME THE GOLD!!!
Hopeful as ever. I consider my investment a write-off, wont sell them, and just take the win if it ever comes.
In other threads, e.g. TRA, NWF, you will find company representatives openly answering questions. There is a right way to do this. Alternatively, Matt could have put his time into improving the general company communication to it's shareholders and cut the rumours off that way.
The approach of posting anonymously on here is not an acceptable way to do it.