Hi Ike,NGF had a market cap of $250m early in the year. Then we...

Hi Ike,

NGF had a market cap of $250m early in the year. Then we had subprime, opesprime, gas crisis and I thought the worse was over... ha-ha stupid me. With return of some positive sentiment then NGF will run back to 30c then 60c. In the meantime, it has to focus on Paddington and reducing costs. SENTIMENT not fundamentals count at the moment. But this will change eventually. I can see it being a $1B company in a couple of yrs, which means a 10-20 bagger as SiameseParrot predicts for many juniors. Funding for Mt Morgan and acquisitions may mean a bumpy ride a long the way but the management I think is great and NGF has good growth prospects, especially with $A 1200+ gold. Cash and cash-flow are the keys here. In a perverse way, the ongoing credit crash will probably work to NGF's advantage in the long run.

Rowingboat.