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NAE

New Age Exploration (ASX: NAE) has had some pleasing assay results which define where they want to drill next. Management is upbeat, but that is the nature of exploration company management.

The current Pibura assays are being resampled and a new drilling programme is being planned. Look for that to start in a couple of weeks with assays due 6-8 weeks later.

No news out of the NZ operations, but at this price they are surely worth a punt. My money is elsewhere (DTR) and doing just fine. But I think that, at this price, there should be a solid return in the next quarter.

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