NES Management team is 5 star Spoke with Richard today and I have to tell you what a breath of fresh air that was.
Usually, the junior markets are managed by the sleezest of the sleazy and when you try to speak with management you start to regret your decision that parted way with your hard earned dollar. Not here.
Richard and I spoke for almost an hour, I just mostly listened, he was geniune in his approach and the breadth of experience that his team has brought to Newstrike is beyond anything we see in today's wasteland that is the TSX junior gold and general junior market.
That said Richard honed in on some key points including:
-> Additional drill cores ahead of the madien RE are coming and should be promising in increasing the overall value of the project
-> The RE won't be the be all and end all, but he means that the property is very prolific and will require additionial exploration
-> My person take away is that the madien RE will make NES a target
-> NES management WILL SELL the project, the questions is when of course and at what price, that is there mandate
-> THERE IS NO NEED FOR CAPITAL or any need to go back to the markets, so all that talk on here of a bought deal in the works just that
I think that despite the head winds should results come in that continue to prove up the potential the SP will tick higher.
We shall see. GLTA as they say.