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.

TSXV:NWX - Post by User

Newport Exploration Ltd

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Post by Malpeque2on Aug 22, 2019 4:19pm

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Post# 30056567

FRU Freehold Royalties

Hey Fellow Sheeple:

FRU has FFO running about $1 Can per share. Dividends are paid MONTHLY, at about .052 Can per month, or about 64 cents per share, and the stock is about $7.25 with a yield of about 8% plus.

Price to FFO is over 7X.

Production and revenues are about flat.

NWX adjust up wards for the growth imbedded in the Beach production, and adjust down for the single operator or majority operator nature of the production, so IMO about Flat valuation adjustments for NWX vs, FRU.

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Two micro-cap stocks with strong fundamentals