Drilling looks good.I think the fact that for the first time...

Drilling looks good.

I think the fact that for the first time they chose to put in XRF readings rather than wait for the assays (for which they are apparently expecting a longer turnaround time)is meaningful. I'd expect a (well deserved) CR in the next month or two. The coming round of infill drilling and resource calculations (consultant) will cost a bit.

A note on XRF: When I have occasionally traded physical gold and silver, they always used XRF to check the purity of the goods. I think it says something that a large bullion dealer trusts XRF enough to base a buy decision on it. Probably works best for heavier elements, but I think it's pretty accurate, and iron is not such a lightweight. So, what I'm trying to say is that after this round of exploration drilling, Nemex will have a pretty good idea of what there is out there.