Lots of chat in recent times of TO & CR but what if NXM management are looking at going from explorer to miner!!! then any TO offer would have to be very good to get management backing. Now for CR NXM have a lot of near surface resource so once mine modeling is completed "which I believe has already commenced" at a fairly low cost open pit could commence giving early cash flow!! with a mill screaming out for more quality resource next door so do they need CR!!! Considering PB & ME handed in resignations from AAJ board "what do we read in to that???
Just pondering what might be as an opinion!!! Which ever way I am in till management are getting out fingers crossed for the LTH's as always DYOR
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