NXM nexus minerals limited

Looking good Von, technically looking like it may drift back...

  1. 2,796 Posts.
    Looking good Von, technically looking like it may drift back down to mid 6's as no one seems to know about this yet. Personally hoping for that with a big a retrace in gold looking likely in the near term - still trying to get a parcel.

    With those historic grades though, drilling should uncover some very nice hits and that JV with SAR is a very nice partner to have - I know people in the know are very bullish SAR in the mid to long term as well.

    Also pretty rare to have a junior with this tight of a registry at this stage in the resource cycle, let alone a tight register with this much potential.

    Need to be patient though, bloody illiquid at the moment, makes getting a decent fill pretty hard. This has multi-bag written all over it.
    Last edited by Toxxxic: 03/11/15
 
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