NGF 0.00% 25.0¢ norton gold fields limited

who is capping this one....., page-7

  1. 842 Posts.
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    Cheers Caraman! Things must be going ok re: as to what I alluded to in a post about a month ago. Current cash position in last ann stated it was over 40m cash in bank up from 33m in quarterly 2 months earlier, therefore approx 3.5 profit p/m.
    I know mining from the natal pit was to be concluded before the end of the year and the surpergene of Havana would be exposed during the quarter so that there would be no overlap issues with ore supplies for the mar quarter. But other than that everything should have been straight forward for the quarter and production should be above the forecast 37500 oz.
    Also Mr J Parker's on market purchase can not be over looked ($500k) Most importantly he still has 2m options to convert but chose to purchase on market instead, this perhaps tells us that he is thinks .50 is good value and it may not be here for too much longer......
    As you say I guess we'll just have to wait and see.
 
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