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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: ayeyou who wrote (237329)2/14/2015 7:37:34 AM
From: jpthoma11 Recommendation

Recommended By
Rocket Red

  Respond to of 312259
 
NEWPORT will win their case.

These petroleum royalties were obtained in 2002 and have ALWAYS, I repeat ALWAYS be mentionned in a note their annual audited financial statements. Unfortunately people don't read them (except a few bright investors!).

These royalties began producing revenues in 2012 .

And the market discovered it in 2014, many months after I did !!!!!

I wrote about that story on Le Coin des Prospecteurs last year:

Message 29742186

;o)

This proof that "the market is not always right"!!!!

sedar.com




To: ayeyou who wrote (237329)2/14/2015 8:11:04 AM
From: jpthoma11 Recommendation

Recommended By
Rocket Red

  Read Replies (1) | Respond to of 312259
 
I just add to my previous comment that for many months, Newport had in its bank account 3.5 times more money (20 cents per share) than its market value (6 cents per share).

Investors that were selling at that time were just stupid investors!!!!

Actually, there over 35 exploration companies that have more cash in their bank account that the value of their market cap. Many are dormant, as Newport was.

And there are thousands of stupid investors that are selling these shares!!!!

And only a few bright investors are buying!!

;o)