NGF 0.00% 25.0¢ norton gold fields limited

Bit of a damper in the annual report though. Losses have doubled...

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  1. 2,274 Posts.
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    Bit of a damper in the annual report though. Losses have doubled from 16,775,000 to 32,837,000. As 2008 had a profit of 9,238,000 the downhill was actually 26,013,000 in 2009. There's nearly a 50,000,000. loss in the last 2 years and accelerating. In the meantime while gold is predicted to rise substantially, what if it dives for a while??
 
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Currently unlisted public company.

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