It's completely up to you to double check these figures.
It really is going to suprise you!!!
Their is a very high probability that it will happen once again this year to the NML share price!!!!
It looks like it has already begun!!!!
It starts in September, here take a look!!!!
2016 September 1, SP = 2.5 cents 2016 December 1, SP = 8 cents
= 220% Increase!!!!
2017 September 1, SP = 4 cents 2018 January 15, SP = 15 cents
= 275% Increase!!!!
2019 September 1, SP = 6.5 cents 2019 October 21, SP = 14.5 cents
= 123% Increase!!!!
September 1 2020, SP = 11.5 cents November 9, 2020 SP = 29.5 cents
= 156% Increase!!!!
And just take a little look at the recent movement in the SP even though the price of gold was going down....
September 1, 2021 SP = 8 cents September 27, 2021 SP = 11 cents
= 43.75% Increase!!!! (So far!!!!)
So if you take a look at these results from the last 5 years you will see that possibly the SP of NML this year still has a long way higher to go!!??
So are you wondering why this increase is happening each and every year at the same time?
Its exciting isn't it!!
Logic would say that all the major NML exploration programs recommence drilling usually around the beginning of October each and every year once the winter rains have dissipated.
This means that BIG money begins to accumulate NML in September based on these exciting exploration projects.
Each year the chance of finding a major discovery improves dramatically based on the previous years exploration progress hence the share price seems to rise dramatically higher each and every year as the drill bits get closer to finding that major discovery!!!!
Perhaps the FOMO (Fear of missing out) will drive the SP even higher in 2021 than it did last year at 29.5 cents????
Either way it looks like the SP of NML should continue to climb much higher over the next few months!!?!?
Drilling programs are about to resume at Langi Logan, they are continuing resource drilling at St Arnaud, more to come at Adventure Lode + Resolution Lode, and in the next few months a major diamond drilling program will commence at the poly-metallic porphyry target at Morning Glory!!!!
This IMO should all keep the SP at much higher prices!!
I am also very excited about our JV with Catalyst Metals which now seems to have found exactly where to drill the extensions to discover further high grade gold zones at Tandarra!! IMHO this project alone is worth way more than the current NML SP just on its own!!
IMHO this is the year that a few major discoveries will hopefully be made and the demand for this stock due to upcoming successes will drive its share price much much much higher into the future years!!
(20min delay)