Long $NES Targets = 12c & 15c (Spade of Aces)
The story:
- No CR required until mid 2021
- Own their own Drill Rig/team = Freedom 2 Drill & low cost
- 1000-1500m Due January 2021
- 8000m due mid 2021
- 7m Market Cap
- Resource had 12M of prior drilling
- Same geological structure as 7.7 million ounce Tropicana Gold mine
- Has been flying under the radar and only just being noticed now
Technicals:
1. Needs to respect support on broadening wedge – complete
2. Break out of falling triangle – complete
3. Short Term Target:
- Break of Broadening wedge = 8-9c
- Target = 12c
4. Long term Inverse Head & Shoulders:
- Neckline = 8.2c
- Target = 15c
- No CR required until mid 2021
- Own their own Drill Rig/team = Freedom 2 Drill & low cost
- 1000-1500m Due January 2021
- 8000m due mid 2021
- 7m Market Cap
- Resource had 12M of prior drilling
- Same geological structure as 7.7 million ounce Tropicana Gold mine
- Has been flying under the radar and only just being noticed now
Technicals:
1. Needs to respect support on broadening wedge – complete
2. Break out of falling triangle – complete
3. Short Term Target:
- Break of Broadening wedge = 8-9c
- Target = 12c
4. Long term Inverse Head & Shoulders:
- Neckline = 8.2c
- Target = 15c
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