Thursday April 24, 2014


Goat Milking in Greece – Lesson 2 a triumph captured on video
A Money Making Idea based on Cats & my nervous Mrs - Luxurycathotel.com Ltd
UK Investor Show 2015 – First 21 Speakers announced for April 18: Get your early bird ticket NOW

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

, ,

Norseman- Private Investors Treated with the Usual Contempt But not a Reason to Sell

Share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

AIM and ASX listed gold miner Norseman Gold (NGL) may change its management but its traditional contempt for UK private investors is a habit it seems to find harder to kick. And so having done the rounds of press meetings etc last week and created glowing copy and heavy private investor buying, comes news that it is raising A$12 million (£7.9 million) in a placing with institutional investors at c2.7p. For those penny share punters who bought at 3.5p after the puff this must come as a blow. How would John Terry put it? Norseman Gold are a bunch of “fucking knobheads.”

That might be a bit harsh but had I bought in the market yesterday I think I would have felt pretty cheesed off. I feel a bit cheesed off myself for believng that this time it would be different with Norseman. But does that make Norseman a sell? No.

Read the full article on ADVFN | Comments
comments powered by Disqus
---

Register here for The Tomograph
Tom's newsletter with original articles and a free share tip of the week, not found on this website.

Video postcard from Tom

Weekly video postcard - Ukraine, blowback, UKIP and the Euros