RE: RE: RE: 2012 Exploration Program
Hi ,
Thanks for the post. Personally after holding this name for 5 years now I would be very disappointed if it split up. Seperate companies would most likely be valued higher, but longer term I believe remaining united will be best. In regards to not being fully valued 90 % of juniors are feeling it ( very cyclical business) it appears everything gets more correlated as time passes. Patience is key ! Most get bored and frustrated and move on, but the stage between initial exploration and productiont is always tedious, it should be expected, it`s the stage that divides speculators and investors.
Here is how nml peers have performed ytd
feo - 67 reached major milestones this year and down massive
axi -65 nice results expecting good news q1 2012 down massive
bki -61 very nice property low low capex down massive
lim -58 haha don`t get me started down massive
chm -48 super long intercepts puts nml exploration season to shame down massive
nml -36, adi -12
rio -33 , bhp -25, clf -22 big guys hurting also
good luck