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Newmac Resources Inc V.NER.H

Newmac Resources Inc. is a Canada-based junior exploration company. The Company is involved in the acquisition, exploration and evaluation of mineral properties located in British Columbia, Canada. The Company’s focus is the exploration and development of the Crazy Fox Property located in British Columbia. The Crazy Fox Molybdenum-Tungsten Property is located approximately 20 kilometers (km) northwest of Little Fort, British Columbia. Its Crazy Fox Moybdenum-Tungsten property is located about 100 km north of Kamloops, BC. The Company has approximately 14000 meters or 46000 feet of drilling that has been completed by the Company’s Drill contractor DJ DRILLING of Aldergrove BC and Watson Lake Yukon. The Company’s wholly owned subsidiary is Newmac Molybdenum Inc.


TSXV:NER.H - Post by User

Bullboard Posts
Comment by wallpaper2on Mar 09, 2012 12:00pm
223 Views
Post# 19649592

RE: Have a feeling,,,.

RE: Have a feeling,,,.

I believe they held the price down at 5 cents in Dec to get the deal done. Now people have a chance to buy stock at the same price as Mr. Wu paid for his stock.  I have watched serious accumulation take place over the past few months and bought a lot more myself. I agree that they must be going to vend something big into this company AS WELL as complete the infill drilling on the Crazy Fox. The Chinese need Moly badly and they aren't concerned about the depth it is lying. The geologists still firmly believe it comes to the surface on our large claim block  and when they start to drill off the fault line they expect to find it breaking thru the surface. The new owner  has very deep pockets with connections like you wouldn't believe. Don't forget that we have a million dollar camp in place and once we start drilling again, we can drill 12 months a year.   All we have to do is sit tight another month. I hate to see people get shaken out now.

Bullboard Posts