Thank you for your answers. I went to the SXG website and looked at their exploration activities.
They seem to be ahead of numbers of holes drilled.
They have four rigs which means more holes drilled and quicker turnaround of results which tends to affect the share price. Their drilling results are as good as NAG one but because they are more frequent that tends to push the price. Most people will think that having four rigs is a sign of management being serious about the resource (I agree).
NAG is using one rig and a part time geologist.??
When I look at the results so far for NAG plus ML already in place, I can't help thinking that the MC for NAG has a lot more room to appreciate.
Does anyone know if NAG is thinking of bringing more rigs?
NAG Price at posting:
4.7¢ Sentiment: Buy Disclosure: Not Held
