What does this mean? It might mean RRR have sent or executed a letter, it does not mean NMC have signed it. The telling phrase is "if the deal proceeds..." If indeed.....so go look for independent 3rd party verification...what have NMC said about this binding LOI? Nothing because they are a private co......anyone here remember Ashmont....and what we were told they were going to do re Colombia....? The RNS is in my view more wool bring pulled over investors eyes....patterns of history repeating
What's in an RNS..and what isn't? Well here is a common thread in a RRR announcement: it will be ambiguous and unverifiable through any external third party source. So now we are told that "RRR has executed a binding LOI with Nicaraguan Milling Co." Etc..
Seek and you shall find...dig deep...do a little bell mining...and Stephen Ronaldson...do your research there too...
opening and closing mining related sounding companies that never traded or filed accounts..DYOR...and by research I dint mean the paid for press or Omar...go deeper..spend a few quid at companies house and research the Fuhrer
It's always a closed period for AB....the is a withdrawing bank for him, not depositing..the only thing AB mines is shareholders and companies for cash. He has history..go read up about the Housing Loan Corporation and Bell's IVA...checkout General Mining Ltd - a private Bell company placed into compulsory liquidation...check out how many of Bells directorships in pseudo mining companies were just him and his mates
OH WHERE OH WHERE HAS OMAR GONE? Is it Masonic Lodge time?
zumore posts more paid for nonsense....wasn't a blog its from miningmaven...who are ipcm?
Actually - sadly I predicted the fall and could have acted sooner...still...perhaps the clouds will lift soon
So..tomorrow the warrants are all played out? I'd like to think we will move up, then again....