I would say the drill bit will be spinning as of next week. I would think results will be in soon as they would have sent off for assays. The geo onsite probably has a good idea and maybe one of the ones buying in, spectualting of course.
If the results are promising one would hope we may see a 25 c sp and maybe an extra rig on site, which could push to 30c. In saying this, it would give us a MC of 75 mill which is cheap considering the up side.
If the results come in anywhere near KLA mine, I think KLA May look pretty quickly to take it out. They listed here ready to take advantage of any small fries that find anything good. If that’s the case $1 plus possible.
Very spectulative but I think nml could be one of the shares we look back at this time next year and say would I bought in sub 12c and god I love this new boat.
NML Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
