'Talisman sure paid alot of money for a small part of the hot air.'
Exactly right. $100mill is right in the ball park of valuations of speculative stocks that have immense promise. The fact that Talisman are involved and willing to lay down a lot of cash to commence drilling helps to give NGE that marketcap. NGE remains speculative but you cannot just look at the marketcap and make your judgement purely on that basis.
If you do then prepare to miss out on opportunities in the stockmarket.
chart shows support, page-17
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