when they talk about offsets -- well, unfortunately they are correct.
When I was running a robot around the gold fields - many of the surface readings told us that gold was in the area --- very very close - almost invariably you would be looking at it if you stood still and look around - but, that gives you an area that if you are drilling - you have to do some wide spacing to get a hit or more.
it plays games.
what I read from this ann. and the last one is that yes, there definitely is some gold (probably worthwhile) nearby - but, it's not right under the feet where the soil anomalies are --
bugger
the plus side is that the company has cash -- AND the ground. Also - they should have some smart drinking mates - who might give them some ideas of where to put some holes down.
with 5 mil. in the bank - and, they do seem to look after the cash pretty well --
I think still it's a very cheap punt -- pity I have to put the fizz back in the fridge though
we shall see - if the price sells of to ridiculously cheap - I will buy a ton.
we wait
have a great day all
Pinto
NXM Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held
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