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New Pacific Metals Corp. T.NUAG

Alternate Symbol(s):  NEWP

New Pacific Metals Corp. is a Canada-based exploration and development company, which is focused on three precious metal projects in Bolivia. The Company’s project includes Silver Sand Project, Silverstrike Project and Carangas Project. The Company’s flagship Silver Sand Project is located 35 kilometers (km) northeast of the Cerro Rico silver and base metal mineral system near Potosi in southwest Bolivia. The 5.42 square kilometers (km2) property sits in the Eastern Cordillera at an elevation of 4,050 meters above sea level. The Carangas Project is located about 180 km to the west of the city of Oruro, Bolivia. The project is comprised of three Exploration Licenses (Granville I, Granville II and Colapso) for a total area of 40.75 square kilometers and is accessible via the paved Highway 12 and a municipally maintained 30 km gravel road. The Silverstrike Project is located approximately 140 km southwest of La Paz, Bolivia, or about 450 km northwest of its Silver Sand Project.


TSX:NUAG - Post by User

Bullboard Posts
Post by farroukon Aug 31, 2011 11:05am
332 Views
Post# 18997830

short Selling

short SellingFirst let me state I have no issues with short selling it is a legit market tool.
Naked short selling is bullschit and should be banned. But if a company is weak and mismanaged with no cash then why not attack it for profit. Perfect example is the crap stock Sino-forest which was a house of cards.
Management of a targeted stock needs to react as its there responsiblity. I also own Northland Resources NAU-t which has great prospects but is currently being attacked. Management is doing nothing to fight back and the stock is getting creamed. 
Bullboard Posts