It sure is going to be along, dismal month or so if RAB intends selling the remainder of their NGF stake (probably about 30.5 million by now) into the market. I agree with you that there must be an institution out their that would "stump up" the capital to buy a strategic 9% of a profit-making gold producer (and potential coal producer) at a ridicuously discounted price. Hopefully, management are out there looking for a buyer so that the RAB overhang can be extinguished ASAP.
Goggo
DYOR
NGF Price at posting:
15.0¢ Sentiment: LT Buy Disclosure: Held