NTM 33.3% 0.2¢ nt minerals limited

$10M Market Cap = 15 cent SP, page-115

  1. 68 Posts.
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    Looks like a program of infill drilling to be followed up by a capital raising.
    The new holes have been drilled (at worst) no more than 10m away from 2010 era holes.

    For example the 2010 drill hole GTD007 intersected 69m @ 6.8g/t
    Today's "new" drill hole GTRC386 drilled only 10m away intersected 65m @ 4.46g/t ... big surprise.

    What is the rationale for continued drilling of something that already looks like swiss cheese?
    The old saying goes "when the ducks are quacking - feed them" - judging by the number of posts today the farmer has got the ducks quacking loudly.

    Have a look at the old results in from the 2010 announcement:
    www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01085189
 
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