Agree daytr ...clarity is important
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The Reporting & Progress to date is a vast improvement on what was seen under the former Board IMO :)
Completely Agree nztx.
Working in oil and gas industry (similar) the hoops, hurdles, red tape and compliance is a massive drag. What should and would normally take a week takes months and as soon as someone has to sign it off you can double it.
Sadly NZ has way too many wet behind the ears people in roles that have neither the nonuse, experience or balls to be there.
NTL in the news.
https://www.waikatotimes.co.nz/a/nz-...tm_id=mh_stuff
NZ is struggling as a country, you are so right NZ has to many people working in areas that are wet behind the ears , scared to make a decision and want to be seen as politically correct . Forgetting that taxes come from investment taxes build lifestyles and keep countries running.
Thanks Daytr. One hopes that Catherine remembers that taxes are needed to pay her pension and the group's unemployment benefits or is she happy to forgo this? It is comforting to know we have a very experienced Board and as in the past NTL with their consents in place were well supported by the police.
This article has made it to the (front page) of the local paper as well now.
I will say that the local feelings against mining in the Coromandel are loud, strong, and fairly well organised. It is something that can't be overlooked. I mean every second car there drives around with a "Coromandel no mining" bumper sticker. But much like those F*CK 1080" ones I suspect a lot of people have them for a fashion accessory as much as anything else. I was having a chat to a young man in his ute once who had a massive one across his windscreen. I asked about it and he told me "Yeah mate that 1080 stuff should be banned, look at all those forests destroyed and people killed in the Vietnam war from it." It was tempting but I decided to smile and walk away instead.
I lost interest at "Coromandel Watchdog chairperson, and former Green MP Catherine Delahunty said...."
Hmmmmm. :blink:
When does the Fund start up for contributions to go mining these backwards ejected Political Green Snails
and other obstructive Rif Raf determined to make a nuisance of themselves ? ;)
Nothing like a bit of other mining one by one alongside the mainstream target :)
I wonder what they do all day, at H/O and at the mine. :blink:
Hmmm...
"NTL advises a clerical error resulted in section 7 of the ASX report and section 6 of the NZX report being incomplete. There were no changes to any other portions of the report. Please find attached the fully completed report to 30 September 2023"
Still says draft on page 3.
Illegal mining activity - maybe a former chairman needing to pay for his FMA case.
Hopefully the DOC visit in November will grease the wheels and cut through the red tape
So, it's DOC who is holding up the dig? Anything / anyone else?
I read the recent announcement.
Then I read this announcement from 2013.
https://www.newtalismangoldmines.co....urce-consents/
Seems like they were closer to mining in 2013. How time flies.
Haha .. but "Based on my review, nothing has come to my attention that causes me to believe that the interim
financial statements of the Group do not present fairly"
Head examiner of the Keeper of Books say he see nothing :)
Perhaps looking in the GAAP isn't required any more ..
https://www.youtube.com/watch?v=tD5tM8CgBMc
This might be the person mining our gold.
Yes I posted it I found it on Youtube
No, I didn't film it ! I just thought it was a bit of a cheek that he filmed it, knowing all the red tape for the Company, has and is going through he could get hurt its been viewed over 700 times
Here's another few:
https://www.youtube.com/watch?v=Mby2WfYwLaY
17.16 mins
https://www.youtube.com/watch?v=4rsJKPM3lOw
More old mines of Mount Karangahake, New Zealand
37.13 mins
https://www.youtube.com/watch?v=BIV_JhlCuoc
Episode 7, Karangahake, Crown & Talisman Gold Mines, Part 2
13.41 mins
Comment from the uploader of the video - may not actually be of NTL
"I saw the gates to the working part of New Talisman Mine and didn't go in there. The mines I went in are above the level being worked and technically are probably not part of new Talisman Mine. I was just struggling for a name in the right area.....at least one Mine I went in looked promising for future mining but I've no idea what the assay on it would b"
Gold at ATH @ US $2100 =NZ $3350 today, I guess if they finally get to mine any gold then the wait could be worth it "if" they finally do so, could be one of the better " investments " on the N Z board atm !
Lock it in. Forward selling at good prices (hedging) is normal in the Industry.
Not any more it isn't. It's been completely out of vogue for well over a decade, unless its to protect debt, as shareholders want exposure to the gold price. I agree it's a good level though especially with the contango involved.
And before you hedge, you need to know how much you are going to produce.
Gold looks over cooked on the chart to me.
Big over bought signal & now $60 off its highs this morning. Needs to hold that $2,075 area otherwise it could be quite a precipitous drop.
It would be a great trade then. Forward sell at these over inflated prices and then buy back when they realise that they can't deliver the gold.
And.....another year almost gone :glare:
To save money on 'market disclosures' going forward, maybe RUA, CRP and NTL could just make joint market disclosures.
In order not offend anyone, the disclosures would have to follow RUAs board meetings on the full moon.
They still haven't learned much even since Sharesys landed, and the addition of more Funds than you could
wave a stick at to combat the drift still hasn't aided the listing quotas .. do NZX have a marketing & Biz Development
Dept or is it away permanently on holiday on full pay ? ;)
Any more junk listings of the creative kind padding the slate must surely be an annoyance for more .. :)
Where's the gold Jonu?
Probably wanting to know what community consultation has taken place to fill in the box. Difficult to answer with extremists unwilling to listen and understand the environmental protection conditioned to bring out the gold. Imagine the tourism benefits to the area featuring the old stamping battery etc and selling NTL green gold from the historic mine. Anyway, as with the Port of Tauranga consenting delays, we now have the right government in place to properly deal with this and progress NZ. Hopefully we will get a status update from the Board in the next week or so including the processing route. Hopefully new board member Richard Tacon's experience is being utilised especially with the processing route.
tumbleweeds..
more tumbleweeds and a rattler in the background...the odd skull lying about... spoof western music playing. A drunk shareholder asleep under a rock..Sergio Leone walking around in circles waiting for something...
Maybe Rattlesnake and Tumbleweeds more orderly ?
More soothing
https://www.youtube.com/watch?v=YlK-8t0LhQ4
18 days of the year left to wake a sleeping Civil Servant up in Welly to an outstanding task before New Year hits :)
Let's hope the large feast of Turkey & Departmental Plonk don't knock them out for the duration ..
Opportunity to call Discovery and make a Gold Rush TV series.
The semi redundant security guard could take a trip to Wellington and bang on the Te papa atawhai door.
I'm starting to warm towards Shane Jones.."
Resources Minister Shane Jones has gone "full Trump" and declared "war on nature" with comments he made about mining, a conservation group says. Speaking in Parliament on Tuesday, Jones, a New Zealand First MP, said that "mining is coming back".
"We most certainly need those rare earth minerals. In those areas called the Department of Conservation (DOC) estate, where it's stewardship land, stewardship land is not DOC land, and if there is a mineral, if there is a mining opportunity and it's impeded by a blind frog, goodbye, Freddy."
The day of reckoning approaches:
Thanks to NBR for publishing the Free Mugshot -
https://www.nbr.co.nz/law/former-new...or-early-2024/
former-new-talisman-ceos-market-manipulation-case-set-for-early-2024
https://www.insurancebusinessmag.com...es-433923.aspx
Quote:
In the report, the FMA listed its activities to help deter financial misconduct, including:
Filing civil High Court proceedings against Matthew Geoffrey Hill, now the former CEO of NZX-listed New Talisman Gold Mines Limited, for alleged information-based market manipulation and making false and misleading representations, which were made on an online forum
12.8.2021 Article link:
https://www.stuff.co.nz/business/126...t-manipulation
Financial Markets Authority accuses New Talisman Gold Mines' chief executive of 'market manipulation'
https://www.fma.govt.nz/news/all-rel...nvestor-forum/
The background for daytr
Cheers.
As I've mentioned before, I spoke to him probably 10 years ago not long after I returned to NZ wanting to see if there were opportunities for board positions.
After hanging up the phone I realised he had no intention of ever going into production, and described the company on here as a complete dog.
With 90% of shareholder value now wiped out it may actually become something, a very small something.
And lest we forget......he was so epidermis thickness challenged he used to PM other Sharetrader posters (posing as ‘Bullish’ in my case) asking them questions and asking for their views about Mathew Hill :eek2: :)
Merry Christmas everyone. Jonu, lets hope you get some big scissors for Christmas so you can cut the tape on the mine in the NY - permits just around the corner.
Will 2024 be NTL's year? :blink:
What would Dave Turin say if he had his guys look over this mine.
Yes, what would he say Matthew Hill??
Feel free to contribute to the conversation...
Containerise it then ship to Aussie for processing.
Anything to get the F'n ball rolling.
Looking forward to our new government cutting all the red tape and getting into it this year.
An Australian mining company has told its investors a gold discovery in Central Otago, near Bendigo, may be the largest gold discovery in New Zealand in 40 years.Santana Minerals, which is listed on the Australian stock exchange, estimates the resource contains 2.6 million ounces of gold, at an average concentration of 2.5g per tonne. It said they were blessed with infrastructure, being an hour’s drive from Queenstown with major hydropower nearby, major roads in place, accessible fresh water, and a “supportive new government”.
Bendigo is like Macraes. Rabbit infested tussock and rock country.
Where as the Gorge and area where NTL are playing is significantly different.
Yes, atleast a Government prepared to listen.
Reading the ChCh Press today there is likely to be opposition from the horticulturists with partial open cast being proposed and their processing includes cyanide treatment. The concentration of 2.5g/tonne is also low. More interesting to me is a proposal by Federation to construct a processing plant in Reefton over the next 9 months for their mine there.
Par for the course to protest. The horticulture industry is insignificant in that area.
Has the Security guard started back at work yet. Was thinking about going exploring in the shafts.
Cool looking NZX leaderboard at moment
CRAP the star and NTL a real laggard
The Government employees started back at work today. So the BAU approvals will be processed in no time and NTL will be a star again. Well, atleast for a day.