hmmmm, based on todays preso I have got me some NMGOs. Now I know that posters will probably come out of the woodworks to point out why I am comparing apples with oranges ...and that's ok....but still.....I can't help but notice from the preso that NMG are looking at reserves/resources/production approx 1/3ish that of PRU.....and yet the MC is 1/15ish that of PRUs. The NMGO ops are still around 4c with a 30c conversion price. If apples were the same price as oranges then NMG should make it's way to 1/3 the MC of PRU...or about $1.30/share. That would put NMGO at around a buck. So what you have in NMGO is the relative safety of a mid tier producer with the explosive upside potential of a speccie....
I would be pretty sure it won't exactly pan out that way. It rarely does. Still at around 4c the NMGOs are worth a punt ...all in my opinion.
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