New Guinea Gold is the next big gold producer

New Gold Producer in Papua New Guinea with approx 1 million ozs in gold equivilant resources, and targets exceeding 5 millions ozs

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Message: Bad timing

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Justabug

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Bad timing

posted on Oct 28, 09 03:12PM

I believe the timing of this PP is terrible. Maybe it secures the future of NGG gold, but for sure at the expense of the shareholders. They could have waited for a better share price at least.

Time will tell if this is good for the company. I sold some shares, and will wait with the rest for better times. I am afraid I did help our big seller now.

Best regards,

Justabug

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