Okay so I'm a fairly new investor with Nexus. I come from an IT background so I'm out of the loop when it comes to mining. I do like to do my homework and talk to people though.
I read about the RMS takeover of Apollo and I'm wondering what relevance that has for an ounce in ground valuation of Nexus’s resource?
Does anyone know the exact buyout value? As it was reported at $180m from what I found, and I think their resource was about 1m ounces, and Nexus has an unknown amount gold in the ground? (could be more who knows?). Nexus resource at shallow depth is a few hundred ounces, prior to the massive recent exploration efforts
Wouldn't this possibly place the Nexus value at around 50c too? I mean it's not rocket science... NST is right next door...
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