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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Bullboard Posts
Comment by rallardon Feb 24, 2014 12:08pm
214 Views
Post# 22243011

RE:RE:RE:Ratings on forum posts...

RE:RE:RE:Ratings on forum posts...
That is what investing in jr's is timing...Of course jr's with a world class deposit are also an aid. PVG has a world class deposit  the bulk sample proved that much. As for the lawsuits the statements of claim seem to be a little suspect. They have not advanced and if they do regulators will be on the hook for the damages....seems everything PVG released was 43-101 complaint and the bulk sample seemed to prove that. Unless your espousing a grand conspiracy by PVG and the independent qualified persons (Snowden).

I have also followed PVG for years and though I thought the deposit was stellar anything above $10 is not in my investment window. Controversy even hypothicated controversy are elements I look for when investing. Strathconas claims seemed a little outlandish but it caused a panic. Panic tends to be contagious and reason is abandoned, when reason is abandoned that is the time I invest.

This is not investment advice but it is what I look for. The days of BreX sized frauds are done, regulators tend to be a little less forgiving to insure an appearance of market stability. Frauds still do occur but they tend to be discovered quickly or are to small to shake confidence. If PVG had breached the 43-101 regulations on this large of a scale they would not be trading today. So unless these Yank ambulance chasers want to take on the TSXV the lawsuits are a moot point and a footnote to the stupidity of panicked SH's.
Bullboard Posts