Hi All,Sorry to leave you all hanging but i have had very...

Hi All,
Sorry to leave you all hanging but i have had very limited access to phone or email in the last week as i have been travelling.
Andy called me three times but we were unable to speak. He then emailed me regarding my enquiry that was specifically related to the Paint project (some of you may have seen my post(s)) mapping the holes.

Basically the area is part of earlier Monzonite intrusions and are "not the right rocks", so Paint is not part of the picture moving forward. This probably explains why Paint dropped off the presentations in the last year, so i suspect this is old news.

That said, five mineralised corridors "with the right rocks" is more than enough to keep NXM busy this year. (My words not Andy's).

With regard to the MRE, as i have read some of the comments above:
I would err on the side of caution ... under estimate rather than shoot for the sky.
Drilling and infilling takes time. Inferred ounces count for squat, so the indicated ounces are important. I don't see a 1m+ MRE at this stage (but would be happy to be proved wrong). I believe there will be plenty of good news this year and time to build a position (and trade to add to to our positions when the opportunity presents). I have topped recently and will continue to do so when the opportunity and funds allow.

Sorry for the delayed response.
Perdy

Agree with your observations Student.