NME 0.00% 3.6¢ nex metals exploration limited

gold producer about to breakout ?, page-5

  1. 34,393 Posts.
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    NST started mining and processing in June. MCO has started mining about 6 months ago but not processing yet.

    Share prices dont seem to chanege much untill a company's firtst quarter of production comes out if it prduces at a loss share price goes down (AAM) or if it produces at a profit shareprice goes up (NST).
    shareprice use to go up with the first bar poured but doesnt seem to happen anymore to many view resorces, A1 mines BMO gold mines, City gold, AXM , type companies that pour gold then go into oblivion or hang on by a thread, punters realise this and tend to stand back and see what the quarterly brings.
 
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