To Rice: I disagree...
Re: 400K - I believe NT Mining paid about $480,000 for the Bullmoose property plus an agreed upon amount of shares; 5 mil or around there I have in my notes. Basically, NT negotiated an amazing deal for their shareholders. I believe the previous company that owned the Bullmoose mine had spent upwards of 25-30 million on the property; some of those funds spent at that time were raised through the sale of actual mined gold from Bullmoose as I understand it. Dont ask me why the sale took place for a less amount from which was initially spent. Was it between friends???? No idea...
Yes, do your own DD. have you called the Company yet? Here is their office number - 604.249.5001. Shoot me a post with your findings so that we can compare notes pls.
Perhaps you can ask them the same things that you are raising here. Suggestion - read the Grass Roots Report and browse their corporate web site before you call so that you can better question them with the facts that are publicly stated. I think you will be as satisfied as I am at this time.
Bob Hughes is a major mining man with years and years of experience in the business. Read his short bio on the NT web site. Jordan is a sharp cat as well, perhaps not as well seasoned as Bob by major dynamic and appears to be a good leader for NT right now (obviously). I have talked to both these men over the past while on 2 occassions. They impress me, perhaps you might not like them...your call.
I like where the share price is...who wouldnt??...unless you are trying to short it. Anything could happen here with the PPS, I have zero control over that.
Yes, people need to do their DD and not invest any monies that they can not afford to lose!!
Im waving the flag here on iHub no doubt. Am I a fan of NT? I am.... as I like what they are doing with their new company, i see the potential in the Bullmoose property and Im a bit of a diamond fan. Also, if they can secure the Valentine Property, I will really be excited as this will be an added value feature for investors.
Hope that addresses your points Rice. Have a good weekend
