Well Julimar host system is well studied and that is the reason why there are number of great projects immediately next to it owned by majors. Where NKL is drilling - there is no Julimar, so chances of findings another massive sulphide host system with equally great geology is lower than winning a lottery, so I say expect a duster.
I am invested in NKL at this point mostly just for fun as it is now so far in losses I do not see any point selling, however the longer I hold the clearer it becomes that NKL's management and growth plan are equally immature and unfortunately look like they are both stumbling without much direction.
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Well Julimar host system is well studied and that is the reason...
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