Collateral damage ? :) It's all good !Newcastle Mineral
(v.NCM) at 6 cents is about to get caught (bought ?) in the cross-hairs of this fight (
v.NCM is also just a penny off its 52 week low too!)
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You've got Augen Gold engaged indefending against a hostile takeover by Trelawney Mining &Exploration. Just have a peek at the claims map provided in today'sNewcastle Mineral's news release ! Newcastle Mineral's 100 per centowned Chester property is right at ground zero of the Trelawney/Augenbattle. Now you have Trelawney staking more ground to the north lockingin Newcastle's large Neville/Potier property. There's no way thatNewcastle's properties (thus the company and Newcastle's shares) don'tbecome a hot commodity in the Trelawney/Augen saw off. With today's newsrelease the market will start to put this together. Newcastle's sharesare going up ... just watch !
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https://goo.gl/WzAS0
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Here's a piece of Newcastle Mineral's news release today:
"A prospecting and sampling program will commence shortly on the Chester Project.
Alsoof note is the staking of 12 mineral claims (consisting of 7,680acres)in June 2011 by Trelawney adjoining Newcastle's 15,480-acreNeville/Potier Project to the north. This places two of Newcastle'sprojects in the middle of Trelawney's land holdings in the Swayze belt.
Newcastle'sPresident, Michael Romanik, said "We are encouraged by Trelawney'sstaking to the north of our Neville/Potier Project, validating our focuson the area. With Trelawney's recent takeover bid for Augen Gold,Newcastle's three parcels totaling 17,000 acres adjoining or surroundedby either Trelawney or Augen Gold properties put us in a very strategicposition."
An updated claim map of the region is available at https://goo.gl/WzAS0."