OTCPK:NOXOF - Post by User
Comment by
MrMonkon Apr 27, 2013 12:48pm
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Post# 21309771
RE: RE: RE: Updated 43-101
RE: RE: RE: Updated 43-101 Can the share price fall a few cents more? Sure it can. Can anyone time the exact bottom? Not going to happen. With their land package, resource estimate and level of interest from instutitions and other miners in the area, getting hurt at these levels is highly unlikely. If you weigh that against the upside potential, becomes as close as you can get to a no-brainer (speculative capital of course, not your mortgage payments).
I'm fully invested at a considerably higher price and unfortunately don't have more discretionary funds to average down here, but I still expect to realize a very large ROI on NOX in the next several years, even at the higher cost base.
Forum has been very quiet of late...
- MM