NAE 0.00% 0.4¢ new age exploration limited

haha...or the 2c sellers (trying to get executed at 2c with 1.9c...

  1. 12,874 Posts.
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    haha...or the 2c sellers (trying to get executed at 2c with 1.9c offer at auction) got conned into 1.9c - I missed this stock the first run but wouldn't dare miss this time and won't get stuck in a raise

    Near term news could come from tin, gold, or coal, roadshow etc

    In the meantime the arbitrage opportunity plays out

    As for the Redmoor Tin project, there is a real push to get this underway and into production. It's 50/50 in this project with Cornwall Resources, part of Strategic Minerals Limited, whose director Peter Wale made a presentation at the House of Commons about the Redmoor plans in Dec. Cornwall Resources Ltd is part of a joint venture between several multinational companies, is currently carrying out test drillings at Redmoor with a view to reopening the mine.

    Strategic Minerals M/cap (19$m GBP- $31m AUD)....NAE is $8m m/cap......imho here we have a very decent arbitrage opportunity on the Tin project alone....let alone the extremely valuable coking coal project it's in possession...

    See link for chart

    Post #: 24100734
    Last edited by specgoldbug: 24/04/17
 
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