Ann: RIU Explorers Conference Presentation, page-17

The Chartist’s reckon $1780 is the new bottom for Gold if $1850 doesn’t hold. The Good News is we are then on our way to $2,080 later in the Year. Let’s Hope the Timing Works well for NXM. I expect the MRE to be conservative. Closer to 500,000 oz than 1M
Remember it’s a Maiden Resource. When the resource grows quickly as positive Drilling results continue to come in NXM share price will spike and a Bigger Player should show their hand IMO. In 9 - 12 Months?
I think a Royalty Agreement and / or Larger JV in the near future would be ideal until then to generate cash flow to Fund ongoing exploration / expenses.