Mining Man
I am now all out at .021 c .
I have taken a loss of around $20 grand after forlornly holding the stock for a long while - maybe two years.
Sadly it was in my SMSF so no tax benefits!
I have not been down ramping when I have spoken ill of this company .
I have been trying to give an honest perspective to counter flagrant upramping where misleading ‘facts’ muddy the waters.
NRW HOLDINGS NEVER TOOK THIS CONTRACT!
After doing due diligence they walked away from the negotiation.
Not even a 9.5% royalty would induce them to work with Empire
The entity doing the mining is BlueCap mining under sone kind of shark loan deal where the interest very likely equates to far more than 9.5%.
The media article cited here was written by a company which has also loaned Empire money.
There is more and worse if anyone cares to look back over my posts and the posts of some others.
Do not believe these at first hand
Check yourselves to see if their partner- Brimstone- has the same address as a bankrupt ASX eco building company.
Check back over their announcements and see how excited they were to announce the sale of Penny’s Find to Anglo Gold for $4 million dollars a few years back, Anglo actually paid a deposit before it wised up and dropped the deal like a hot potato
Read about Blue Cap Mining - they will do well out of this deal.
Will the shareholders?
I am sure they will get it up somehow but don’t expect to make real m9ney.
In the history of this company the only people who have are Management, pip traders, and those who deal in pumps and dumps
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