NXM nexus minerals limited

Hi All,Just got home and read through everything again.In light...

  1. 4,870 Posts.
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    Hi All,
    Just got home and read through everything again.

    In light of the Exploration Update ann in Feb, i'm going to change my multiple choice response above to B (never a wise thing to do as normally your first choice is usually correct )
    I'll guess that 3 specifically targeted sites will be subject to DD holes of around 400m (structural geologist interpretation of how things progress being an over-riding factor).

    The 6000m of RC drilling will probably be divided into 30-40 holes of around 200m each to 'sniff out' other areas of interest and 'infill drill' to perhaps arrive at an JORC compliant indicated resource.

    As i have banged on for almost 18 months now (sorry to sound like a broken recording) i am most interested in the Paint project. It could well be three months before we hear anything about any results there but, they could be the catalyst for a serious re-rating, imo.

    Anyway, in the meantime, we battle the falling POG and rising USD Vs. AUD rate ... Good to see that sellers seem happy to wait and watch a while now. Perhaps we will see ~14c again in a month (barring a DD hole intercepting visible gold from shallow depth!

    Good luck all longs
    Perdy
 
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Last
6.0¢
Change
-0.001(1.64%)
Mkt cap ! $36.22M
Open High Low Value Volume
6.1¢ 6.3¢ 6.0¢ $161.0K 2.668M

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No. Vol. Price($)
1 20000 5.9¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 188995 1
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