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.
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I'd buy NGF...what a snip. Could pull out 40m a year next 5...
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