NXE 0.00% 2.7¢ new energy minerals ltd

Ann: Notice to set Arena Investors statutory demand aside, page-83

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  1. 53 Posts.
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    PE891 Im not saying that you are wrong you seem to have a good understanding of how things work. My point is that just before the ruby auction people writing at Hot Copper were very persuasive about the future of the company but they were wrong because they didnt have all the facts and the information put out by the company was very misleading. People didnt understand the real situation and got carried away with greed. Now we have very little information and people are very persuasive and people are getting carried away with fear. At some point we will get the correct information and our bet to buy or our bet to sell will be justified. For the company to survive they will have to get some access to cash. Can they do it well only time will tell. They have brought this new investor on board partly I suspect because he can get some cash into this project. Its a spec stock its a long shot but thats the nature of speculation its a high risk gamble.   
 
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