RE:NuTac and the 2006 LabMag PFS-It's Deja Vu All Over AgainAt jduade. Very good analysis but no matter how you slice it or dice it, massive shareholder value was wiped clean these last few years and now NML is doing a pitch to its shareholders to ask further support for a rehashed project? Who are they kidding? I see nothing of value for its shareholders going forward.
All that NML is doing right now its trying to keep its head above the water while selling hope and dreams that are somewhere in the future to its shareholders.
If NML would have made an annoucement that they were going forward with a modified shelved project to jump start their production to make some revenues then the SP would of had a very good pop north but its not the case because its supposedly sometimes in the future, if ever.
Therefore, I give them two thumbs down for their news release.
All in my opinion.