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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 Apr 13, 2007 10:45am
216 Views
Post# 12601121

RE: Accumulation

RE: AccumulationI don't know about SN which looks from what I see and hear is very promising but the real party for NWX starts on Monday. Like I said before I believe this stock is being groomed for something big and better. Alot of people will be dumping shares next week but I still believe this is a 1-2 dollar stock very soon. The players involved in this stock obviously realize the potential and I believe the buying has just begun. I said it before and I will say it again. " Do not sell this stock for under a buck ".
Bullboard Posts