More money for more exploration is good. What if they double or triple resource in next 12 months.
The major shareholders putting in more cash after DRC and Gecamines issues signals they are positive about DRC and the company.
If anything this is great news. Sure I’m down a little bit but so is Tembo and Hyyyyyyuyi or whatever that Chinese company is called. They also lost couple cents today on their gain.
I got 125k shares so I guess that puts me in the upper range of holders and I’m not worried. The only thing that worries me is DRC and global economy.
This is only had if you are a short term holder.
NZC Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held