Hi Orion
I think the answer will be soon in the quarterly. I am hoping positive. Surely NGF can make a profit with POG at over $1400 AUS.
I don't understand what you mean about creditors getting nervous since the only debt I know about is the CN and they only need more money for expansion.
The only bad news I could forsee would be failure to buy CN or a production drop. But no reason to suspect this. All my gold stocks are dropping lately.
The reason I like NGF is that it has a big overhang from RAB and BMM directors.
I beleive these people are exiting not because they dont like the company but for other reasons. My guess is that this means the company is undervalued.
Maybe buyers are just exhausted and just these sellers left. Once RAB and BMM overhang go then NGF will find proper value - I hope.
Tomu
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