National Gold (NGT)

[marcos]

Boo -g- ... held any ngt since then, Frank? .... i let some traders go, haven't reloaded yet, sort of expect extended weakness here, not so cheap maybe, not too far below this level, still it may be some time before it breaks back well above this, imho .. but that's on the common, which has all the pressure of recent financings coming free-trading ... i sure like those warrants though, niftiest little things going under a dime, i've been picking them up, got another 28k today .... takes two of them and 55 cents to buy one share of common until 21 June of next year .... chances seem to me quite high that National prints the round loonie figure by then, possibly in September if/when the PoG tries 330 again, and if/when Matter and Millar resolve some details ... so at 1.00 for the common, there's an intrinsic value of .225 for each warrant ... thing like that would likely get a speculation premium added to it as well, at certain points of market optimism, maybe eh

Haven't kept up with your Strictly Drilling II thread for weeks, no time in summer ... soon though, it'll be too hot to go outside -g- ... cheers