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Newport Exploration Ltd V.NWX

Alternate Symbol(s):  NWXPF

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.


TSXV:NWX - Post by User

Bullboard Posts
Post by Promoney77on Dec 22, 2016 11:07am
56 Views
Post# 25635050

GMN Set to blow!! Must read!! Do your DD!!

GMN Set to blow!! Must read!! Do your DD!!Gobimin Inc. with a small float of roughly 51M shares, with approximately 85% held by management is a must own stock for massive returns. 3rd quarter results ending Sept 30, 2016 show: $8.9M profit (up from $2.5M 2015) EBITDA: $9.1M Cash on hand (for use of operations, liquidity, etc.): $29M Total Assets: $89.2M Total Liabilities: $3.9M Clearly in incredible financial shape! With a current share price of $0.55 and a market cap of $27.81M -- THEY HAVE MORE CASH ON HAND THAN THEIR MARKET CAP!!! https://www.gobimin.com/s/NewsReleases.asp?ReportID=771676&_Type=News-Releases&_Title=GobiMin-Announces-Third-Quarter-2016-Results And even more! Management is so confident in their company being undervalued they continue to buy back shares!! Check the Financial Statements: https://www.gobimin.com/i/pdf/2016/Reports/Q3%202016%20GobiMin%20FS&MDA-final.pdf Feb 12 2015 to Feb 11 2016 company repurchased 3,846,500 common shares Feb 12, 2016 to June 7, 2016 company repurchased 887,500 common shares THEY ALSO PAID DIVIDENDS IN BOTH 2015 AND 2016!! THE SKY IS BLUE AND THE GRASS IS GREEN!!! WITH SUCH A SMALL FLOAT OUTSTANDING IT WILL BE HARD TO GET YOUR HANDS ON THIS MUST OWN STOCK!!! IT IS READY TO BLOW!!!! Management clearly believes in the future with their buyback of shares, in which they already own the majority of. Don't miss your chance on this absolute monster!! Do your DD, check the statements, it is all right there! from $0.28 to $0.55 YTD, this is a truly golden opportunity!! Don't miss your chance!
Bullboard Posts