NAE 0.00% 0.5¢ new age exploration limited

Ann: Otago South Gold Project Update, page-14

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  1. 554 Posts.
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    As usual there is a disproportionate affect on NAE SP. How can anyone even have included 150k worth of soil sampling in a valuation in this stock as anything other than a cost? There is no way it can cause a 6.25% (or worse before the day is over) decline in company value because soil sampling hasn't worked out.

    NAE is getting crazier, but people buying from now on and through the 1.1c barrier are getting a very good deal.
 
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