Hi All,Yeah, I'm not sure that 2022 wasn't such a good year for...

Hi All,
Yeah, I'm not sure that 2022 wasn't such a good year for NXM.
Yes, the sp for the calendar year is down 60% and down 70% from the Dec 9th 2021 high of around 60cps.
I guess it depends when you bought in, and what your plan was at that time.
Trying to see the doughnut and not the hole, i offer this:
* ~70,000m of RC drilling completed
* ~10,000m of DD drilling completed
(encouraging results received except in the deeper DD holes - possibly explaining where the sp is now).
* Mineralised corridor one (MC1) extended from ~5,000m x 300m to over 10,000m long and still completely open to the north
* Repeating mineralised corridors 2,3 and 4 confirmed
* Your next door neighbour (who already holds 6+ million shares and is trading at $10+ a share and, has a mill that needs feeding) stumps up around $2m in your last CR.
* You also have the long forgotten Paint project (https://hotcopper.com.au/posts/48216259/single) which has dropped off all the latest presentation slides, plus potential at Bethanga in NE Victoria ...

... and i'd say you've had a pretty good year!

Eventually the sp will catch up or shoot past the true value here.

IMO, it's all about patience and backing your research. Markets are a cyclical beast and sometimes it more about timing than time in. I'm still sitting on four bags, have traded when i could, and will look to substantially increase my holding whenever i can, especially during the Dec/Jan sales

All the best to fellow NXM holders for the festive season.
Looking forward to a great 2023!
Perdy