I welcome further selling
When gold tanks, lemmings just blindly sell anything associated with gold
FA goes out the window
This has 8.5-9c cash, the gold price won't effect that in the slightest - still money in the bank
Drilling will be a few hundred $K, so cash will still be a plenty after this exploration program
If lemmings want to panic and offer stock at 7.6c, yet again a steep discount to cash, just because of a gold price fluctuation be my guest
The way they have the JV setup, with 2.4Mtpa plant just 13km away, this will be incredibly cheap to truck and treat for NXM, so even at US$1,100 gold there is still plenty of margin
Don't expect lemmings to think like that though
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