Newcastle Gold Ltd.

Operating Gold Mines - Quebec & Peru Canadian Gold Producer with significant GOLD Reserves
in response to IMNIronman's message

Excuse me, IMAnIdiiot, but the notional value of the deal was $1.80. The market never came close to providing an arbitrage support for that value. In fact, as you can see, if you get your head out of your ass, is that it went the other way entirely, and has never recovered. If you thought the 0.70 share price was a pump value, how does that fit into your scenario? And if it was as you imply, why would they offer $1.80? You can't suck and blow at the same time.

The $1million in flow through is for exploration drilling and modelling, which have nothing whatsoever to do with operational expenses. In fact, the issue of these shares suggests that they have turned the corner of profitability. There is no hard cash issue.

Are you paying attention to the facts, or spinning thing according to you script?

L

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hoov
City
Millbrook ON
Rank
President
Activity Points
54560
Rating
Your Rating
Date Joined
06/14/2008
Social Links
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Newcastle Gold Ltd.
Symbol
NCA
Exchange
TSX-V
Shares
155,078,807
Industry
Metals & Minerals
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