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Newport Exploration Ltd V.NWX

Alternate Symbol(s):  NWXPF

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

Bullboard Posts
Comment by bearslayeron Apr 25, 2014 3:12pm
145 Views
Post# 22492354

RE:RE:RE:RE:Kudos to management

RE:RE:RE:RE:Kudos to managementI am well aware of this company as I have had this for 5 plus years when they did have 15 million - read my statements on the company and I am not trying to mislead anyone. By the way, people should do their own DD - I know that management have big number of shares and the CEO has made money for the shareholders in the companies he has previously owned and that is why I am into both. Companies with small capitalization, a promoter with money in the bank. I am as disappointed as the rest on this board that promotions of both companies have taken so long but we now have properties with better %'s and we can now get on with higher stock prices - just have to average down.
Bullboard Posts