RE:Nice Run? thesunsets wrote: <div> company lost its div. overpaid for an asset....hahah. these guys are a joke.now they have everyone waiting for a buy-out? ...again ,these guys are a joke.</div>
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thesunsets wrote: <div> what did i say months ago? I for the life of me dont know why would you be so happy buying this ...!!. These men of low quality couldnt run a water store in the desert. the happy campers are the reservoir shareholders. they should all thank nsu management and shareholders for being so stupid. great work? ahhahahahh</div>
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Sunset,
Your "glass half empty" approach has served you quite well it seems with regards to NSU to date. I have always concurred with your comments about overpaying for Timok and management.
I find myself still owing this stock for 3 reasons...
1- I missed selling it at $3.80 cdn,
2- The assets are good and justify a higher price (min $4.50 cdn), and
3- Timok. Rarely do high grade zone like the UZ at Timok occur in isolation. There is a better than slight chance that there will be multiple finds.
With that said, what is required is a good structural geologist that understands the structure in the exploration area and can guide the drilling program. Typically, he/she would be looking for zones where mineral enrichment typically occur, i.e. "embayment" areas.
We see evidence of enrichment in the LZ associated at the boundary areas of the deposit...At any rate, I am not a geologist but I do understand that this not the end, but a new beginning.
The journey may be long...