Newcastle Minerals Ltd A.NCM

RE:RE:I've got a feeling we are headed toward 8 g/T

[Smittle]

The shorts will get burned again today! This is fun. I keep adding at these low ridiculous prices.

Ht7d45h wrote: I completely agree... 

The grades have not lived up to the multi year hype, but the debt and stream is there and will turn 8gt at $1100 AISC into a death spiral.

Joe O is inept - except when it comes to lining his and his management pals pockets
with shareholder ( and creditor ) money.   The new owners ( the creditors ) will eventually get their money back and then make a profit , but it will take time and their own magic sales pitch spin on it.    To all current shareholders you get nothing...   Joe & Co. took it and will keep taking
as long as you continue to buy into their BS.

goldminer01 wrote: in the steady state.  This is fast becoming just an ordinary operation.  The debt and streamer overhang will be a "bottom line" killer.   Dr. Q very quiet (he served his purpose and solid out his reputation), only the lawyer is talking.