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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Post by Ht7d45hon Feb 12, 2020 10:55am
202 Views
Post# 30680454

Say It Ain't So Joe

Say It Ain't So Joe

No 16 grams, still tons of debt, share price down 20% and Joe is going (after getting
tons of FREE shares, FREE options, BLOATED salary) and the regular (not insider) shareholder what do you get....?   

And I will say it AGAIN, unless there is a very sizeable high grade vein there soimewhere that
they can find and find it within the next 2 years, this company is going to go BUST as the
small pockets of higher grade become harder (and more costly) to mine.

This is why the fatal flaw was going BIG, BIG mine, BIG mill, 60 mile electrical power lines
when it all could have been done smaller, cheaper and faster and with no debt.

But now it is too late and this will die a slow death unless the surprise find comes into play.
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