So holes 50, 51 and 52 were empty as intended while holes 53, 53w all the way to 58 all hit, this is a great hit miss ration especially at this depth. Consider this next paragraph:

At present, four drills are currently active, testing the dimensions of
the Eagle's Nest lenses in all directions with the intent of increasing the
nickel-copper and PGM resources.

So the deposits are both open in all directions! I know we wanted a 200m step out and 50m of massive but those expectations are the only reason why this NR is viewed negatively IMO. We will go down tomorrow first thing, half of that will be traders who will want to cash in on the panic selling and increase their share holdings by rebuying at a lower price. Look for Wellington, Dundee, Penson and others to step in around $2.00 and start supporting the price. If I see these guys selling, then I know we are in trouble but I do not think this will be the case. Hopefully these guys see this as a good release and are in this for the long run.

Cheers,

Glorieux