NXM nexus minerals limited
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Ann: High Grade Gold Mineralisation Intersected - Triumph Project, page-5

  1. vontrader
    23,919 Posts.
    lightbulb Created with Sketch. 752
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    09/04/15
    10:50
    Post #: 15056030
    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
    NXM Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
7.1¢ 		Change
0.000(0.00%) 		Mkt cap ! $42.86M
Open High Low Value Volume
7.0¢ 7.5¢ 7.0¢ $23.85K 328.0K

Buyers (Bids)

No. Vol. Price($)
3 29931 7.0¢
 

Sellers (Offers)

Price($) Vol. No.
7.1¢ 109633 1
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Last trade - 15.55pm 27/06/2025 (20 minute delay) ?
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