Nextsource Materials Inc (NSRCF)

[stooge4]

Obviously no bad news here. The fact that they have basically proved their resource is good; but most of the information is already known. We are lead to believe that mining the Vanadium should be easy enough to price out the rest of the market (one of the biggest reasons that I've invested). I don't know how well known that information is, and they probably cannot publish that without their bankable reserve statement due out next year.

It seems like we're going to have a long slog with the share price until next year. I plan to continue accumulating, but I have no idea anymore where the pps in the short term is going to go. I'd like to think it will stay right here, and I'd be a happy buyer here. But if we have a long haul, we might see (ugh!) 'better' prices? Personally, I like the idea of 'better' meaning much higher...but I like buying right around here! ;)

In short, other than making a deal regarding the neighboring infrastructure, I'm not sure what other news could push the share price up in the short term. I think our engineer is going to tell us what we already know: mining here is going to be like cherry picking. Anybody see anything else? I don't think anything with Cellstrom will materialize until next year or we have a mining partner.