NGF norton gold fields limited
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Does anyone have any view on how dangerous the POG is for NGF.By...

  1. tomu
    232 Posts.
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    02/05/08
    10:35
    Post #: 3656971
    Does anyone have any view on how dangerous the POG is for NGF.

    By this I mean the POG is heading south in US dollars

    But if it did drop back to $US600 I would expect that the AD would also drop back to at least .80

    So then POG would be at worst $AD750 - still making 30mil profit a year for NGF and justifying a share price of over .40???

    thanks

    Tomu
    NGF Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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