I just laugh sometimes when I read their announcements how they believe their deposit is potentially the biggest in the world and bigger than BHP's Olympic Dam....and laugh even harder when the institutions buy it and buy all their stock (but weep at the same time).
What is going to happen when NDO announces they have found 600 million bbls at Gindara and then when they find over a billion at Balyena and Butanding each. Will we see NDO's SP then rocket to a crazy amount like 20 bucks??
There is no fair value in the market just sentiment and good/bad publicity.....it really is a game.
NDO Price at posting:
13.5¢ Sentiment: LT Buy Disclosure: Held
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