I came across an interesting chart tonight - I noticed gold is...

I came across an interesting chart tonight - I noticed gold is the only mining sub-sector that is technically forming a base and showing bullish divergence between spot price and the relevant index:



This has historically been a very good indicator a trend change is in progress or about to take place.

Again, gold is the only space I'm seeing this at the moment. It's not fool proof by any means, and there may be some confirmation bias there on my behalf, but it's definitely not a bad sign as far as goldies go.

There's a decent chance gold isn't far off a resurgence IMO, and NXM should be well poised to reap the benefits if they can get their act together with this drilling and define a decent resource.