NGF norton gold fields limited
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if i had 200m spare...

  1. Arbroath
    716 Posts.
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    21/11/11
    19:38
    Post #: 9317962
    I'd buy NGF...what a snip. Could pull out 40m a year next 5 years and then own a company for free.

    What bothers me is as they derisk the company in the eyes of the market they are then vulnerable to a cheap bid of 30c when for mine they're worth every bit of 50c.

    It will certainly be interesting to see what the 37m exploration budget turns up in the next 3-4 quarters.
    NGF Price at posting: 20.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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