NGF norton gold fields limited

Thanks goggo and V. I hear your point of view, and I hadn't...

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    Thanks goggo and V. I hear your point of view, and I hadn't remembered that the payment was only an voluntary option.

    I guess the bottom line for me was that heading towards sub 10 lows again was not something I could bear. It didn't pass the "sleep test".

    With uncertainty in the markets high, with risk factors being beyond NGF's control like Greek debt and US slowdown, the risk of a big correction, the fear factor is huge atm meaning low cap high debt stocks would get dramatically sold down, the uncertainty at board level... I let go of my years of patience and hope... and sold at a big loss.

    I am prepared to buy again for all the factors you mention, if the ones I listed above swing a little more in NGF's favour. And I think there is some possibility of that within 3 or 4 months. It could be a real winner yet.

    I shoul have heeded Loki01's words about the Chinese, and Rowingboats observations long ago... and sold at the mid 20's. Way too optimistic. For those that buy in at this level, it's a different perspective for sure. But imho, you will be able to buy it cheaper yet.
 
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