Ann: High Grade Gold Mineralisation Intersected - Triumph Project, page-5

Indeed

Makes you laugh when you see dog gold juniors with no cash trading on EV's of $5-10M

NXM has $7M in bank, has encountered high grade surface strikes on first drilling and has a 2nd asset on the way, yet it trades at a -$3M EV

Doesn't make sense

Even if you want to be conservative and allow money for drilling and overheads, 8c would still allow for more drilling and a quarter or 2 of overheads and still be cash backed !

One of the most undervalued gold juniors about - hopefully not for long with 2nd asset on the way