NXM nexus minerals limited

10.43c cash backed acquiring gold in WA, page-3

  1. 23,919 Posts.
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    Fib

    It may well be ground around Tropicana in WA

    There was an unlisted company called Tropicana Gold that had some highly prospective land around Anglo's Tropicana and BDR's land that unfortunately couldn't raise enough to float and I believe had to let their options lapse. They were trying to raise right as gold tanked $200/oz

    You can still have a look at the prospectus:-

    http://www.asx.com.au/asxpdf/20130314/pdf/42dnd314pn2dff.pdf

    If NXM are picking up those tenements, then that is some really good news as you are down the road from an 8M oz mine

    No idea if this is the ground, but have been curious as to whether it may pop up again
 
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