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Newport Exploration Ltd V.NWX

Alternate Symbol(s):  NWXPF

Newport Exploration Ltd is a Canada-based natural resource company. The Company is engaged in the acquisition and exploration of resource properties. In addition, the Company holds a 2.5% gross overriding royalty interest (the Royalty) on any hydrocarbons produced on certain petroleum exploration and production licenses in Australia. These include licenses being operated and explored by Beach Energy Ltd. (Beach) and Santos Ltd. (Santos), both major Australian oil and gas producers. The Company’s mineral exploration project is the Chu Chua Copper Gold Deposit (Chu Chua), which is located approximately 30 kilometers north of Kamloops, British Columbia. 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 known strike length of 400 m and a known depth of 250 m.


TSXV:NWX - Post by User

Bullboard Posts
Comment by fumperbunon Dec 12, 2006 9:10pm
119 Views
Post# 11856226

RE: nows the time to get more

RE: nows the time to get more This is truly odd. I mean you own a stock that has not done anything for what seems forever. Then, when the company raises money for a total of somewhere in the 2.7 million dollar range. Announces Uranium exploration, has a potential Nickel promotion as well. Has experienced management with credible and proven promotion abililties. And finally looks like this stock could go somewhere fast. We actually hit the year high at .27 the other day. Well then you decide "Hey, I am going to dump my stock". I am sorry but that is just plain dumb. Even a tax loss scenario seems ridiculous to me. Whatever the reason, maybe to get other people to consider selling.I really don't know. But what I do know, is this stock is worth alot more than what people are selling for. And yes I am pumping this stock cause I own a hellavu lot of it and I am not selling till its over a dollar.
Bullboard Posts