GREY:NEVDQ - Post by User
Comment by
westcoast1000on Oct 29, 2021 4:54pm
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Post# 34066142
RE:RE:RE:What is wrong/right with NCU?
RE:RE:RE:What is wrong/right with NCU?Neoskeptic,
I thought about responding to your post when you wrote it, but it was a rather broad two questions.
As I recall, it was requesting opinions on the pros and cons. There are consistently misleading negative posters here, which makes any informed conversaiton difficult
There is a lot to say. I suggest you look for posts by Notgnu and Nofluff as two people who provide what I think is sensible information.
In brief, I and others are strong believers in the company, given resolution of financing, apparent resolution of issues with water underground, apparent pending installation of ventilation fans, the new CEO and so forth. The company web site is highly informative. The recent interview with the new CEO says a lot.
If you think the company is risky now, you would not have liked it at all just after new year. Things are vastly better now and generally the share price is about as cheap at it has been this year.
Like nofluff, I do not see any big risk. They have one operating UG mine and an OP mine that will likely proceed 2023, all on one site and excellent financing.