You always have to wonder how much these analysts are actually analyzing the company they are writing about versus how much they are regurgitating whatever they got force fed. However, I'll give the Small Market Caps report credit for one thing - this is the first time I've seen public confirmation that Nexus dropped the Walker Ridge Project. If I just wrote off $2.3 million on a property that I only drilled one hole on, I probably wouldn't advertise it, either. Seriously - how do you spend that much and only have one hole to show for it?
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