InvestorsHub Logo
Followers 172
Posts 20643
Boards Moderated 5
Alias Born 09/06/2010

Re: None

Saturday, 09/24/2016 2:01:45 PM

Saturday, September 24, 2016 2:01:45 PM

Post# of 1580
MacTung is GONE. It was sold to the Government for just the clearance of past liabilities. It is gone forever. NATUF has no further rights to MacTung or any possible reserves there. if the NWT Government ever decides to sell or option the property for possible development, NATUF will receive nothing for it because they no longer own it.

NATUF owns nothing. Even CanTung, which has no economic reserves, has been turned over to the Canadian Federal Government. All that is left is massive amounts of liabilities which cannot be paid. Common shareholders get nothing, and will be wiped out. Anyone that buys this stock will lose 100% of their money.