NGF norton gold fields limited

db buy another 13 million norton shares, page-7

  1. 11,173 Posts.
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    Sprott sold out this week, plus smaller investors. IMO Zijin have been capping the price at 27c (with the 2c divvie), buying 26.5c. They know it breaks out at 27.5c. Zijin now have 70%, DB 8%, Credit Suisse 8%, Mitsubishi Financial 6% and Morgan Stanley 6%. That's 98%. Zijin can only pick up another 2% before it's game on. Then the world's biggest cheapskates are stuck on 72%, or have to talk more money. Let's face it, they're not exactly coughing up: $230m for $9 billion of gold Norton has in the ground is an insult. IMO BUY!!!
 
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