Newport Exploration Ltd V.NWX

Alternate Symbol(s): NWXPF

Metals & Mining Industrial Metals & Minerals

Newport Exploration Ltd is a Canada-based natural resource company. The Company is engaged in the acquisition and exploration of resource properties. In addition, the Company holds a 2.5% gross overriding royalty interest (the Royalty) on any hydrocarbons produced on certain petroleum exploration and production licenses in Australia. These include licenses being operated and explored by Beach Energy Ltd. (Beach) and Santos Ltd. (Santos), both major Australian oil and gas producers. The Company’s mineral exploration project is the Chu Chua Copper Gold Deposit (Chu Chua), which is located approximately 30 kilometers north of Kamloops, British Columbia. The deposit is a Cyprus-type volcanogenic massive sulfide body hosted in two steeply dipping lenses of massive pyrite-chalcopyrite and magnetite up to 40 meters (m) thick, with a known strike length of 400 m and a known depth of 250 m.

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Newport Exploration Ltd

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Comment by lookin2retireon Feb 03, 2016 6:39pm

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Post# 24522072

RE:RE:RE:RE:not shareholder friendly

lookin2retire wrote: Iamwcw wrote: this team could never be called shareholder friendly. I think they are about the worst and show signs of ugly greed and selfishness. They did not deserve to fall into such a cash cow but there you have it. Cash is king, always was, always will be.... this company and that royalty is a cash cow and should be for a decade ahead. Hate to support idiots but I do own it, have for too long but I also stumbled in to the royalty...lol This is one I owned for over a decade as cvl and the drilling in Cali.... I never took notice of a small share holding until the share price went up over 20 fold... now I see it on my statements...lol

TOO BAD YOU MISSED THE BOAT AND CAME TO THE PARTY LATE. LOL