Author highlights strong new drill results at New Murchison Gold's Lydia site, arguing it could support a second mine and drive the stock higher.
NMG.AX — LONG The author reports high-grade gold intersections from a second site (Lydia) at New Murchison Gold, including 3m at 32.9g/t Au and 9.10m at 10.3g/t Au, which he says rivals the Crown Prince open pit. He argues that a second site showing tremendous reserves makes a second mine highly likely, which should drive the share price up. The catalyst is the newly released drilling update, with the author expecting the stock to 'fly today'.
a second site showing tremendous reserves means all likelihood of a second mine
This Reddit post, published January 12, 2026, features u/fact_not_salty_tears discussing NMG.AX. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/fact_not_salty_tears · Tickers: NMG.AX