NGF 0.00% 25.0¢ norton gold fields limited

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  1. 16 Posts.
    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?
 
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Currently unlisted public company.

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