NAE 0.00% 0.4¢ new age exploration limited

Newbie to NAE, watching and buying lately after Degrey got a...

  1. 4,674 Posts.
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    Newbie to NAE, watching and buying lately after Degrey got a little too hot for me.

    Great location (Otago) for finding significant gold in a safe country, easily accessible (better than Pilbara Gold for long term economics), close to infrastructure and workers, covid happy, spark up with a significant find in NZ as well as in Australia. Plenty of historic small scale mining that petered out before the turn of century, shallow indicators of easily retrievable gold, company scale mining and methods would be new in this area. Previous sampling by NAE showed a significant trend in the southern area, gold and other commercial elements. Glad focus is trained on this ground by NAE

    Low market cap. is extremely attractive it seems.

    I was just waiting for the final payment from UK divestiture to fund exploration, seems all very fortuitous given gold price moves.... happy to see the turnover grind the share price higher.

    High risk, potentially high return... lets see.
    Last edited by trousergecko: 09/07/20
 
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