Had to put in more buy orders today. At a time when all the juniors coming on line are going to be struggling for financing due to the credit crunch, NGF had 14m in cash flow last quarter. New director for acquisitions announced. NGF will be able to take their pick.
The current share price is ridiculous. If it drops much lower your looking at a MC of only 3x cash flow, and that's fully diluted.
i concede
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