Newmac Resources Inc V.NER.H

Metals & Mining Industrial Metals & Minerals

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.

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Newmac Resources Inc

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Post by wallpaper2on Mar 27, 2012 8:32pm

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Post# 19725509

Why

I'd like to know why they are holding it at .045. Everytime it hits .05 they pull it back. Stock option package they are giving themselves perhaps? Difference of a dime after a 20:1 rollback. Be interesting to see what they do at the close Friday.

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