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Nebu Resources Inc V.NBU.H

Nebu Resources Inc. is a Canada-based exploration-stage company, which was engaged in the business of locating and exploring for mineral resources. The Company has an interest in the Cork Lake Property. It has no revenues from mineral producing operations.


TSXV:NBU.H - Post by User

Bullboard Posts
Comment by Stingray2000on Apr 21, 2010 3:35pm
411 Views
Post# 17016452

RE: a little fustrated with this stock

RE: a little fustrated with this stockagreed for sure.  Others much more sophisticated than me, that initially got me onto the stock, went in really really deep since the 30 cent range..so far they've taken a major haircut., and the company has gone way to quiet for their comfort...so they call in routinely.   Another poster mentioned some promoter has taken NBU off of his recommendation list...so what does he know and the others that have hemorrhaged this stock down...we hit 17cents today for cryn out loud.

Talking to Hickey... on the phone he likes to mention they got the best geologist in the business...WELL does that mean he already weighed in his evaluation before it went to the lab!!?? "nothing to see here so I'm going on vacation". I mean how do we read that??

 Others that have called in repeat the same things voiced by Hickey...Hickey seems quite up beat on the phone and constantly downplays nothing wrong to do with the stock/company itself and places all emphasis that the lab is just behind AND that the retracement of their stock is NO different than any other juniors right now. 

Further to that, he said they are down to one drill because the other burned out or literally caught fire...I didn't read that anywhere?? 

Everything he states is plausible but something just stinks about the whole thing...seems to me that anything significant would be visible in the core THEREFORE why has the stock crashed.  Meaning insider trading and regulations blah blah goes out the window...my gut says the drillers, the helpers, family, friends and cronies alike would be accumulating and supporting the stock... I don't care what anybody says...we'd be foolish not to think the eyes and ears on the ground wouldn't be trying to grab a piece of the stock anticipating great results.

JMO
Bullboard Posts