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Newport Exploration Ltd V.NWX

Alternate Symbol(s):  NWXPF

Metals & Mining Industrial Metals & Minerals
Newport Exploration Ltd. is a Canada-based company, which has royalty interests in producing oil and gas permits in the Cooper Basin, Australia, and a mining project in British Columbia, Canada. The Company holds a 2.5% gross overriding royalty (GOR) on several permits in Australia. These include permits being operated and explored by Beach Energy Ltd. (Beach) and Santos Ltd. (Santos), both Australian oil and gas producers. The Cooper Basin is an onshore oil and gas development area. The Company’s Chu Chua is located approximately 30 kilometers (km) north of Kamloops, British Columbia, with access and infrastructure. The deposit is a Cyprus-type volcanogenic massive sulfide body hosted in two steeply dipping lenses of massive pyrite-chalcopyrite and magnetite up to 40 meters (m) thick, with a strike length of 400 m and a known depth of 250 m.


TSXV:NWX - Post by User

Newport Exploration Ltd
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Comment by bearslayeron Apr 15, 2014 11:44am
159 Views
Post# 22452891

RE:RE:RE:RE:RE:usually stocks that go up fast, come down fast

RE:RE:RE:RE:RE:usually stocks that go up fast, come down fastI agree with you but the stock will be volatile. What about the new offering that went through at $0.10 and the optics are there for a potential of 1X PE ratio. I am still P---ed about this massive dilution of shares.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities