NXM 0.00% 6.7¢ nexus minerals limited

It's good to see some interest being shown here again and while...

  1. 3,098 Posts.
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    It's good to see some interest being shown here again and while I still think Crusader/Templar will get developed at some point (in this gold bull cycle) a lot more drilling is required before any of those 'starter' pits become viable.... as I just don't think there is enough scale yet to perk interest.

    Andy sold a big story to the market with the raise that funded the drilling to achieve the 'underwhelming' 175k maiden resource..... I rode the wave up the mountain and then halfway down before hopping off.

    I'd say the NXM SP is just an early responder to the resurgent gold price...... good signs for the broader small cap explorer sector.
    Last edited by timbin4: 10/04/24
 
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