Too much stock dribbled out at 13c. Don't you find it coincidental that all these large sells came in once they placed the final stock at 13c? They obviously gave it to some choice holders that are happy to play with the price.
Why do you think PXG is so cheap? How do you think they compare to Nortons? I don't confess to know much about NGF, how many oz's vs market cap? I believe it is comparable from memory but it is more than a fair chance I am wrong.
I hold, but I don't think it is a buy or sell for now. Management are neutral for mine - they have done some good stuff but that cap raising was 9 out of 10 on the dumb scale. Ramping up production is the key, but off recent history for gold stocks in Aus, you'd be better placed to be a pessimist than an optimist.
Too much stock dribbled out at 13c. Don't you find it...
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