NML

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11.0¢ navarre minerals limited

It’s already out from last night - the new reserve is 2.7Moz @...

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22/02/19

11:52

Post #: 37529918
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Originally posted by anatol: ↑

I was going to buy more today if it would go down to low 7c. But no luck apparently. I think today is the end of cheap buying opportunity. Monday might be a new page in NML's history.

We will see Kirkland Lake's resource/reserve upgrade tomorrow (today in US time). They already have very high grade and high volume gold RESERVES (not resources).

Dec. 2017: 1.7Moz at 23.1 g/t

Only Swan zone reserves was 1.16Moz at 61.2 gt. This is incredible high volume at high grade.

We will see soon what the new update is going to be.

The Fosterville thing is not a coincident IMO. There should be geologically similar deposits in other parts of the area. St. Arnaud looks like as one of them.

CYL's Four Eagles deposit proves that Tandarra is not a coincident of some gold intersections because the gold grades and intervals in Four Eagles deposits are very high. Tandarra looks like the same.

I am enjoying very much by looking the grades of Four Eagles (on detailed maps, not this one below which is just a small summary). I am very excited to see CYL's resource anns. (Not sure when it will be out) but it is going to be a something spectacular.

And then we will see how good is Tandarra after the deep drilling this year.

No way selling my NML shares for some long time (before $100m mc)

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It’s already out from last night - the new reserve is 2.7Moz @ 31g/t for Fosterville!

https://www.klgold.com/news-and-media/news-releases/press-release-details/2019/Kirkland-Lake-Gold-Increases-2019-Production-Guidance-to-920000--1000000-Ounces-Fosterville-Mineral-Reserves-Increase-60-to-27-Million-Ounces-at-310-gt/default.aspx

NML Price at posting: 8.1¢ Sentiment: Hold Disclosure: Held
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Last 11.0¢		Change 0.000(0.00%)		Mkt cap ! $28.55M

Open	High	Low	Value	Volume
11.0¢	11.5¢	10.5¢	$99.29K	909.0K

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