Hi King Lou
Did u buy ngf or bmm
bmm is a good value entry to ngf if the merger goes ahead
but (essentially) needs 50% of non directors to agree
even if it doesnt go ahead bmm isnt bad value with 7million cash and 1.7million ounces of gold in the ground and market cap less than 18million. I am not sure how much of the 1.7million ounces is high grade though-and cheap to get out.
I couldnt work out whether to buy bmm or ngf so I did both.
cheers
tomu
