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Bullboard - Stock Discussion Forum New Dawn Mining Corp NEDMF

GREY:NEDMF - Post Discussion

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Post by bosselkop on Aug 23, 2010 10:19am

patience

I see I am the only Poster on here still, and I like that !!!!!!.......nobody cares yet.....
My last message said that one would need to be patient with this one but that the pay-off odds were very good.
That was after the CAG deal was announced.
That deal has now closed and so ND now has 6 more mines under it's belt ( 4 operating I believe ).
I would think that the next step will be a revised 43-101 report which will confirm the reserves/resources held by ND.
Stock price is reacting VERY well to all of this and finally spurted last week and again this morning......1.30-1.40 as I write this.
I still think this will look VERY cheap in pretty quick order.

Just MHO of course, but the numbers look VERY good..........
Comment by NigelDavies on Aug 23, 2010 11:19am
As I am sure you well know the problem here is where the mines are, not what is being recovered. I guess the ND share price will be held back until there is a regime change. It seems to have been a little better recently but there is always the worry that the bad old days will return. GLTA
Comment by bosselkop on Sep 02, 2010 11:26am
You are quite correct Nigel.....the discount exists purely because of where the mines are.But therein lies part of the opportunity.Mugabe is now 87 and reported to be in ill health, and while we have heard that before it appears to have more credibility this time around, with him being seen only very infrequently during the month of August and then seemingly very unsteady on his feet. Also, one ...more  
Comment by RoadMap on Oct 26, 2010 1:02am
Bosselkop.....liqiniso ...true i personally know these mines near Bulawayo and the country as a whole will have an investment explosion once all this is gone.
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