Then again...I don't want to mislead anyone here. The news out of PKL is significant for NCM. It is showing good dispersement of gold around a large swathe of land that NCM controls. This makes it extremely likely that when results do come out of the Pickle Lake area there will be gold found. Of course the amount of drilling done in that area so far by NCM is very, very small compared to the land they own. So it will take some time to build up a sizable reserve. I'm guessing that NCM's land is now looking more attractive than ever to PKL though. Especially after their latest news.
Just trying to keep a balanced approach on this company,
x
P.S. - In a nut shell, the bar has gone up, just not much yet.