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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Comment by miningmanon Jul 15, 2020 1:42pm
105 Views
Post# 31271668

RE:Interesting example of share buy back & share price

RE:Interesting example of share buy back & share price  Great idea Sailor!!   The only  minor question  is where would PVG get the necessar cash??  Right now KL  is a cash machine with very manageable debt  levels.

PVG is drowning  in  debt ,  is struggling to maintain  80,000   ounces per quarter.   Costs are rising ,  head grades are falling ,  and  cant generate adequate cash  to support necessary  exploration.  Results due out next month will show how serious these matters are.
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