citychap2011
31 Mar 2016
0.121p to sell nm
citychap2011
31 Mar 2016
Pump. Placing anyone? Slight rise in the share price perhaps in anticipation of another meaningless no news Aussie promoter Bolnisish1te news story in readiness for the next placing. Greedy Greg Kuenzel our hapless and in effectual Aussie CEO must have emptied Noricum's coffers by now having allegedly spent the money drilling in Georgia. Hmmm. Still no proven resources and no metrics from Greg to have any confidence in any near term production any time soon. A reverse takeover at a knockdown price more likely. More dilution for shareholders soon . We need to pay higher Director's fees for creating so much shareholder value over the last 5 years. Happy to be proved wrong.
citychap2011
23 Mar 2016
And dump... 0.11p to sell.Sophisticated shareholders (the BOD and friends) cashing in shares they were awarded at 0.08pNo tangible news, no proven JORC resources and no metrics to back up near term production.The same old tired dream being peddled by hapless Greg Kuenzel and his cronies, who haven't delivered any tangible operational performance and continue to award themselves cheap shares and an 18% annual pay rise while destroying shareholder value.Vote against the Director's remuneration report at the AGM. Let's get the Directors up for re-election and in the case of Greg Kuenzel and Marcus Edwards Jones, fired.
citychap2011
21 Mar 2016
Another pump and dump coming? nm
citychap2011
10 Mar 2016
More Aussie Bolnisi-sh1te, no metrics More Aussie Bolnisi-sh1te and no metrics from hapless Aussie CEO Greg Kuenzel. Nothing of substance to support the dream of near term production, which is what it is just a dream. Meanwhile Greg Kuenzel and others are happily taking their salaries and perhaps offloading their shares which they awarded themselves at 0.08p.Over at Nyota Minerals there is an army of shareholders calling for shareholder value destroying CEO Richard Chase's resignation. Poor performance from a CEO cannot be tolerated and is untenable. Make sure you vote against the NMG directors renumeration report at the AGM and lets get NMG directors up for re-election or better still sacked. Peter Landau cronies Greg Kuenzel and Marcus Edwards Jones need to go.
citychap2011
07 Mar 2016
Bolnisi, No metrics? No production? Perhaps Greg Kuenzel can provide shareholders with some key metrics for the early stage production of the Bolnisi project in Q3 2016. Yeah right! Greg Kuenzel has no idea.1) What's the Project Net Present Value ('NPV') and Internal Rate of Return ('IRR') assuming a gold price of US$1,250/oz2) What is the Life of the Mine ('LOM') for the 3 mines?3) When is production expected to commence? Q3 2016? 4) What's the Annual LOM production in terms of Kozs of gold recovered and at what head grade?5) What is the cash cost in US$/oz 6) What is the EBITDA (for the LOM) No, it will just be the usual Aussie stock promoter BS news flow. Based on Greg Kuenzel's past poor performance as CEO, he is unlikely to prove up any JORCcompliant resource never mind produce any gold this year.Prove your critics wrong Greg Kuenzel!
citychap2011
07 Mar 2016
0.09415p to sell nm
citychap2011
11 Feb 2016
Market responds another 10% drop NMG 0.10 p to sellWe are seeing some good gains from well managed gold producers Centamin (CEY) and Goldplat (GDP).But sadly another 10% drop for poorly managed hapless and ineffectual Greg Kuenzel's Noricum Gold. Why is that? Well nobody believes Greg Kuenzel will ever prove up any JORC resources, never mind produce anything.Expect the next placing at around 0.05p possibly before the AGM in May with Directors picking up more shares funded from another annual 18% pay rise.IMHO there'll be no production this year. Would be great to be proved wrong.A reverse take over before NMG gets anywhere near production is possible like the one Greg Kuenzel and Peter Landau engineered for FinnAust Mining. Shareholders are unlikely to benefit though.Greg Kuenzel needs to go before he bleeds NMG dry.
Jovari
09 Feb 2016
Re: Pump and dump It should have read........... You say the market.........etc
Jovari
09 Feb 2016
Re: Pump and dump You the market does not believe Greg Kuenzel, , its you in reality and you keep saying so and every time the SP goes down. Ever thought of keeping quiet and letting the market really respond !
citychap2011
09 Feb 2016
Pump and dump Traders have taken their cut. British Bulls sell signal 03/02/2016Perhaps now we're heading back to 0.08p again0.103p to sell today.The market doesn't truly believe Greg Kuenzel will deliver JORC resources never mind produce any gold.Roll on the next equity placing for another £1M probably at 0.05p next time.DYOR
citychap2011
04 Feb 2016
Initial Bolnisi grades but resources not yet proven The initial grades look promising but then so did Greg Kuenzel's BS Bonanza grades in Austria, which NMG spent 4+ years failing to prove up as JORC resources. Existing shareholders have been here before and it's hard not to believe that this is just a Ponzi scam with no real drilling and just tranche after tranche of fundraising to line director pockets. Greg Kuenzel is Pete Landau's bessy mate ffs.The jury is out. Until resources proven, Bolnisi has no real value. IMHO there is no way Greg Kuenzel will be producing anything at Bolnisi in H2. Greg is telling this to avoid a rough ride at the AGM in May. Bolnisi was acquired 6 months ago in July 2015 and Greg Kuenzel has only just announced initial drilling results!Greg Kuenzel needs this BS newsflow for yet more fundraising.
citychap2011
11 Jan 2016
Greg Kunezel's focus is FAM not NMG Greg Kuenzel is likely to be spending more time and energy supporting the FinnAust mining BOD than leading NMG as company CEO.[link] It's about time our underachieving, hapless Aussie CEO Greg Kuenzel is sent his P45.
citychap2011
29 Dec 2015
Noricum 0.081p to sell Greg Kuenzel puts his feet up for winter and the share price continues south. Well done Greg!
citychap2011
24 Dec 2015
Noricum and Alecto comparision - 0.05p coming? Since Alecto announced their placing on 23 November the share price has dropped from 0.08p to 0.0575p (28%). How much will NMG drop when funds are needed in the New Year? A 28% drop from 0.09p would be 0.065p. Expect a discounted placement at 0.05p. All IMHO.DYOR
