NGF norton gold fields limited

Hello Isladar good question. I doubt a major will step in -...

  1. 2,158 Posts.
    Hello Isladar good question.

    I doubt a major will step in - however ounces are hard to find and NGF have a bundle. M&A's have been the only way the majors have replaced production for many years and even then a struggle.

    They know the price of gold is not topping here and quite the opposite and therefore NGF have LEVERAGE on their side - a highly significant investment opportunity. Not necessarily a full take over but just to have a solid stake because Zijin are here with a large blocking stake and have seen the value.

    Management, and the whole NGF team included, all add so much more value than the in-ground & physical assets indicate. They are the key to conversion of resource to cash and eventually share price. The performance to date has been stunning - I refer to the past two years in particular.

    This opportunity might suit a wealthy investor, Fund or mid-cap suitor better than a major IMO. They had better get on with it the clock is ticking now - time for deep DD on their part to see what we do.

    Best regards,
    CW
    DYOR&DD
 
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