STTCOMP NXM TA LONGNexus minerals. SP - 6cMarket Cap-...

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    STTCOMP NXM TA LONG

    Nexus minerals.
    SP - 6c
    Market Cap- $29mill

    Good old NXM is set for another leg up by the looks. Some very similar patterns formed before the last rise in SP.
    The initial pullback followed by a bit of sideways movement/accumulation….. then the flag like pattern forms with sell side extremely thin and moving averages turning up.
    https://hotcopper.com.au/data/attachments/6638/6638965-651c88c208c9a7cfc95a0ace69d45f3f.jpg

    Hopefully the overdue scoping study update for their crusader-Templar gold deposit has enough in it to provide a boost.
    Regardless, NXM is one I’m pretty confident in for the medium-longer term as they look to look to start monetising their resources/assets.
 
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