Australia's largest stock trading and investment forum Australia's #1 stock forum

NUS

Click for more information

3.85%

27.0¢ nusantara resources limited

I have done some reading over past few months. Mngmt, Grades,...

First 8 Last

Share
Profile

Follow
sachinsyd

1,622 Posts.

35

12/06/18

13:48

Post #: 33652837
Share

Originally posted by tarecq ↑

This is best value gold stock on the ASX, with upside, and arguably the best project (good grade & close to surface).

The real mega upside is what’s feeding this thing. The 2 million ounces they’ve defined is just the smoke. I’d love to see them drill a hole into the belly of the monster below and find the next huge porphyry. I’m told this is on the cards but the priority first and foremost is fast tracking development of the massive gold resource we already have in our hands and I like that management isn’t losing focus and is keeping their eye on the prize.

Speaking of management, if you are reading this and haven’t yet looked into the credentials of our board, I suggest you do so ASAP.

Expand

I have done some reading over past few months. Mngmt, Grades, Resource, Capital Requirement All have a role .

Having seen gold price crumble since 2012 and many great gold miners trading at cents , I think following the trend helps a lot. So far A$Gold has been edging up but NUS keeps falling. Thats not a good look. But again sub 20Mil MCap its a good punt for bottom drawer!

NUS Price at posting: 20.0¢ Sentiment: Hold Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PCL

HotCopper users react as Pancontinental Energy's trading halt lift reveals little

ASX Market Open: Aussie market to leap on best 'Trump trade' bump since election day | November 22, 2024

ALY

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

CAF

IP anomaly thrills Cannidah with project extension hopes in QLD

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

C1X

iTech inks deal with Chilean lithium giant to progress Reynolds Range

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

CMB

Asian Battery Metals uncover second massive sulphide discovery at Mongolia's Oval play

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 21 more messages in this thread...

First 8 Last

Add NUS (ASX) to my watchlist