I get all that Duke, but it seems that the market doesn’t.
Have a look at the buy queue - it’s pathetic!
A handful of buyers are prepared to pay 2c for a stock that should be selling at 10c+, but there have been very few trades since Friday’s “Current status of the project” announcement. Buyers should be lined up at the door, and down the street and around the corner!
We have to face facts - the market just doesn’t have any confidence in a company led by MT and JE.
I think it will be a very different story when MT has vacated the Chair in favour of KP, and we have a new CEO with significant mining experience.
The other factor is the need for credible marketing and promotion on a regular basis.
Have a look at how someone like Mike Hudson at SouthernX Gold has been able to take a fledgling explorer from a listing price of 20c around 18 months ago to a current price of around 75c based on a potential resource which there are serious questions about.
NAG needs that sort of marketing and promotion URGENTLY before they run out of funds to get drilling restarted and a JORC resource defined.
All IMO - make your own decisions based on many years of questionable leadership!
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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