OTCPK:NOXOF - Post by User
Comment by
duchebaggieon Dec 12, 2013 4:34pm
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Post# 22000754
RE:Every goods news=down it goes
RE:Every goods news=down it goesI have been long gold for a few years and long in NOX for over a year (yes I got in at the worst possible time). Now with the direction the gold market is taking and the grade of the deposit, I can't imagine the company doing anything until gold recovers (if it does). There's a good chunk of that 4 mil $ that is already gone. I can't wait to look at the interim financial statements to verify that. I don't understand why Osisko wouldn't do a JV with NOX...it's so close, it could boost their overall grade quite a bit even though the waste is much higher at Marban...
Are there any moves other than JV that can be done at this point? Can they start a PEA? I can only think that the results wouldn't be so great, otherwise they would have done this 1-2 years ago...
Any thoughts?
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