NAG volume is looking good today and we are not too far off from seeing that 5.1 go! and then we are off for a nice canter.....
overnight very good news on Fosterville South's progress. $15m in the bank soon. I reckon with Mr Sprott helping them out with $ and a guiding hand they will do very well. Of course as you know if they do well, NAG and the NAG MAW JV being immediate neighbours means good things for us too. They are worth $80m already and they have much less land than us. You gotta wonder why NAG doesnt also list on the Toronto exchange.......???? How much would be worth with very proactive Canadian investors.
NAG is looking very good right. Money in the bank. Valuable and rising in value stock in Mawson 3500+ km2 EL - Strong and very keen support from JV partners. Strong balance sheet - very low if no debt - debt is with obviously close and supportive shareholders - cant really even call that debt! More money coming if needed. Directors skin in the game. Huge pass opportunities - clear and obvious EPA support and hopefully exciting assay results around he corner...and drilling now.
Its a clear buy!
NAG Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
