GREY:NEVDQ - Post by User
Post by
rockhound3on Jul 11, 2022 7:03am
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Post# 34814497
As Bog has noted -we are heading further into
As Bog has noted -we are heading further into A new world where we math have the population wake up before civilization reaches a true crisis!
As things change we can't just apply the old norms!!
I do find it interesting how Haywood tries to cover failure and success! The problem investors face is "what is the truth?"
What makes NCU different is that they have significant proven and inferred copper and PM's
They also have a mill that is working well with possible improvement in recoveries.
While it is too easy and dangerous to say the stock will go to zero -it must be noted that this isn't Bre-x where there was no gold but rather a company where the other 2 legs of the 3 basics ( the deposit, the financing, and the people) are in difficulty!
Think back when former PALA employee and current NCU director Mr Brown stepped in briefly and hired a great number of people no doubt at the direction of Vlad and his youngsters in Zug! It is not that PALA hasn't spent money but rather they haven't spent well!
A further look back is when PALA sued a previous contractor= check out how this went!
My hope and my bet is that Randy will get support of the Board to drill the large land holdings, to set up a data room so as to be able to sell the company if it can't be turned around!
And while there are comments that PALA will get everything -they won't as they were greedy and wanted to get more shares vs the security of debt!
I suggest that our posters who give a quick death sentence to NCU, just hold back their short answers that reflect their lack of knowledge and check back in in say 2 years! ( Now if I am right after they check in they won't be posting!)
Just to be clear I did buy a few shares last week =which should keep me in beer if my expectation is right!
Rock