NewCastle Minerals What a bargain! The writing is on the wall here. First TRR loves NCM enough to buy 10%+ of their shares at the 5¢, which is lower than the stock is now. They wouldn't have done that with another junior unless they considered it exceptional value. 5¢ should have been rock bottom, but shareholders here have been impatient and silly. I was a buyer at lower levels, and now with IAMGOLD telling the world how great TRR is, it's only a matter of time before the TRR guys tell IAMGOLD about NCM. Whatever NCM is trading at there will be a significant premium offered for the land so IAMGOLD can do proper development. Seen this before. Not sure how one could lose out here, unless shareholders get impatient.
Please also realize that this stock is valued so low that for IAMGOLD to buy it will be the pennies at the bottom of their pocket.
Unknown when the company will get taken out, but now its almost inevitable.
Good luck to all,
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