Today’s resource announcement from Nimy brought a bit of selling pressure, likely from traders who were always planning to sell on the news. They probably waited to see if the announcement would spark a pump, and when it didn’t, they bailed.
For those of us more focused on the long-term potential, the resource estimate is a solid foundation to build on. While it might not be enough to fuel short-term hype, it clearly outlines the groundwork for significant growth. The defined target highlights the high-grade zones, and with infill drilling and further exploration planned, the upside potential remains substantial.
This is an early-stage play, and today’s selling doesn’t change the bigger picture. If Nimy can continue to expand the resource and prove its economic viability, the value here will become undeniable. For now, patience is key—let’s see where the next phase of drilling takes us.
Happy to increase my holding as we wait for me.
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