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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
Comment by RollinInDoughon Sep 23, 2019 6:15pm
85 Views
Post# 30156642

RE:What was that

RE:What was thatnot a short... only 2 people own that many shares... ceo rozier and cfo dumfield.    we also know the cfo sold a mill shares a month or two back.  Maybe the cfo is taking her money out...  maybe... trade will be reported very soon anyway.

yes ex-div it should drop 6 cents... and maybe even more as we wait news of this qtrs drilling...  but.... if they do increase oil by the 50% they are aiming for... that means we get revenue based on 50% more production... higher GOR!   oil is movin up... that Arab oil is a long time coming back... some will be months to fix... in the next 6 months the GOR here could move up quite a bit.  Things do not get better for NWX so maybe that is a time to sell the company  lol  Guess Dumfield selling her shares gives us that answer...
Bullboard Posts