It will be interesting to see how the day following the announcements goes. Given overnight markets I don't think we can use the market as an excuse for today, mind you the HUI closed slightly in the red.
Some worthwhile reading is Emerging Trends coverage of NWR earlier this year if not already seen:
Speculative Brief #1: Northwest Resources Ltd. (ASX: NWR)
Richard Karn: Australia's Stunning Resource Wealth
While the Gold is the main focus here I think the Antimony could provide worthwhile credits to lower the cost of extracting the Gold if the project progresses to production. While unlikely they are going to extract every tonne, the current spot value of the Antimony resource alone is in the vicinity of $84m.
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It will be interesting to see how the day following the...
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