I think that gold price still going up is a bad thing. One of the things for us to get the preferred shares is for NMGL to purchase the rest of the stock of the gold properties. If the gold price continues to climb that may make it harder for NMGL to purchase the rest of the stock.
With any stock, We have a limited amount of information to make a decision on. We are never going to completely know everything, and if we wait for 100% knowledge we would likely miss all gains because it took too long to finish research.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.