where's the announcement?, page-14

Hello all I have not spoken to the company however from what I read they tell you all to do nothing yet.

They have correctly disclosed an unsolicited approach from a large shareholder. This shareholder Zijin Group Co. are there to help and i gather they now seek to help more - however they want to be the major beneficiary.

So they make a control bit not a hostile takeover bid and who knows what wonderful future they may be offering NGF. Now they know gold is about to go over US$2,000 and will go higher over time so to them yes this is opportunistic but isn't that the basis we invested in this company as well??

Wait and see - the cold shower thread - good name and maybe the right thing to do. I trust this management to make the best NGF they can out of what they have and think they have done a brilliant job so far.

If holders want to sell and take a profit and leverage up other gold stock investments it can work for them - your call investors make it work for you. This has presented more choice for you than you had a week ago. I will be 'holding' in my Fund at this stage.

Cheers,
CW
DYOR&DD