Hey folks,
all around the world mining stocks are exploding. Good old Norton seems to take the other direction. Why?
Will Zijn Mining have to consolidate their 89% holding of NGF at the end of the year at market price? If they consolidate it at purchase price this investment would lead to a big paper loss with current prices.
So is there any hope that remaining NGF stockholders will benefit from rising gold prices and better results at NGF?