Ann: Quarterly Activities Report, page-14

It’s a very Sombre mood for NXM share holders for obvious reasons. LTH (15 - 18+ months) should still be showing a profit. I really feel for the people who came on board during our Glory Days to approx. $0.60
I agree Rabbitoh. We all make mistakes. Hindsight!
As long as you learn from them.
Andy rolled the dice / was very aggressive. A Junior explorer burning 10M in a Quarter. No Deep results have really hurt. The information gathered is still an asset for the future. Our Safety Net / Benchmark is now $0.18 Thanks to NST IMO We can still go lower due to Rising Interest Rates, a Strong US$ & a Falling Gold Price.
Trying to Find a Positive we we’re at $0.07 approx. 16 months ago. As soon as the US Fed pauses raising rates I feel the bottom should be in for Gold.
Some positive results from NXM, a MRE and a bounce in the Gold Price / Gold Miners & Explorers has me aiming to take some money off the table March 2023
$0.50? After waiting this long I think it’s a Reasonable Strategy to Hold out for another 6 months and then Reassess. Good Luck to All my Fellow NXM shareholders out there.