I was contemplating selling my holding however, after the meeting I changed my mind. Now the Company has a new Board with a firm direction planned as well as money in the bank I am a little more optimistic. They plan further drilling soon, before Christmas, and a couple of deep 300m holes at C12 and I think further investigations/drilling at Hill 680. Mars is going to be worth a further look also. No guarantees as it is still an exploration company however, others in the general area have had some excellent results. Others such as Ventnor; Sandfire; Horseshoe and a few others have discoverd economic deposits of Cu and / or Au. It have the opinion, based on historics in Naracoota's tenemnts that NRR could well find good deposits of Au AND Cu. At these levels it is not worth selling so I am therefore prepared to hang in for the next few drilling programs to see what happens.I think the uside is a real potential. I would hate to miss out on another Sandfire or Sirious!!!!!
NRR Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
