Short-term means nothing, those that sold have already done so and panicked and those that hesitated to add on the way up will pick up the slack... The fact that NES has delineated roughly 3 million ounces of gold eq. with their low grade bulk tonnage and another 3 million ounces in their breccia at over 3.0 g/t au means their current enterprise value of $270 million fully diluted is giving them a value of $45 / oz valuation on ozs that Torex gets $109 / oz for and high-grade junior buy-outs have averaged $250 / oz for... P.S. How's Carpathian? T.CPN?? Your last recommendation at
.55 that's now lost 25% while NES has gained back 35%. Seems that listening to your drivel would have cost investors 60% in 3 weeks. P.P.S. The burn rate with 4 drills is $1.5 million, not the "well over $2 million you stated".