NXM 2.44% 4.2¢ nexus minerals limited

Ann: Deep Diamond Drilling Extends Mineralisation to Over 600m, page-50

  1. 26,968 Posts.
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    Without getting into a blue i want to give a take on todays results, on the 1st of march the share price was around 32 cents, this was when the market had high expectations of good grades in DDH5, the gold price was also higher, onto today and hey i am no geo but those results out today were ordinary, but after touching 27.5 the SP closed at 36, higher than March 1st when expectations were high but unknown on DDH5, the volume today was way down on the big dump in Dec on release of DDH4, all i can think of is market is satisfied with the shallow gold on offer over the length of the prospect and this justifies the market cap..
 
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