GREY:NUSMF - Post by User
Comment by
dropshotvolleyon Jun 04, 2012 5:29pm
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Post# 19978966
RE: RE: RE: RE: Sometimes life SUCKS
RE: RE: RE: RE: Sometimes life SUCKS Hi Ridgeback. IMO NUS needs to just cave on the PNG dispute. Just work a deal were PNG gets their interest for free out of future production. Get it out of the spotlight. Conference call sorry to say IMO will mean nothing. Don't see any really serious answers coming other than corporate double talk and more secrecy. Getting all the partners to ante up well, doubt it. Best partner is the Chinese off take partner. Cave to them and get them to finance the whole thing for a majority position of say 80%. Sure we all get diluted including the PNG but who cares the deposits appear to be rich, rich anyways. Hopefully management finally can see that instead of waiting, secrecy and begging other partners or potential partners to invest. Just give it up and get it into production. As for ORT I am still in but not a buyer because markets may take years for juniors to recover. We may need to wait for ORT to self finance the SGA plant into production before it moves based upon earnings. I am well aware of the $7 to $15 forecasts. Will buy NUS again if it goes to .50 cents or lower. GLTA more blood to be spilled on the NUS stock price IMO.