There has been no more activity in NMGL owning 100% of the mines. It has to be owned 100% before it is sold 100%. There has been only 1 filing for FFGO's portion of the mines. That is not even half of the mines. It could be going on behind the scenes, but, that could also be wishful thinking.
As far as your mentioned "hold up," NMGL issued NMGL A&B's. I don't know why they would reverse course 180 degrees and go with new symbol and name change.
"cusips and such" should not hold them up from buying the rest of the mines 100% and filing the purchase (like they did with FFGO). Without this piece of evidence, claims of SOON is uncertain.
There is also the possible "price strategy." Does NMGL have a price target for gold to sell the mines?
Is one or more of the owners holding up the purchase?
The scariest is the possibility (remote) that NMGL could be bought out and the dividend "changed" as FFGO did with its pass off to NMGL. NMGL may not "pass off" the dividend as FFGO did.
That all being said, a small holding of FFGO is a good thing that should eventually pay out 3449%, but, adding shares and having a large portion of your holdings in FFGO is dangerous and there are a lot of ways it could go south.
Hopefully, out of the blue we will get another filing like we did with FFGO's NMGL A&B's. It may all work out great.
I hope it plays out soon. We have a "death cross" on the S&P where the 50 day MA crossed the 200 MA. This is boosting Gold temporarily, but, I don't know how long that will last. If you recall silver's fall from $50-32 was followed by oil's fall from $115-77. Sometimes, it takes a little while, but, markets and commodities often converge up or down. If one or more are moving violently down, it should be warning of a possible move in the others. The safest play is when you have markets and commodities moving the same direction together. It would be nice to get in "on the action" with some dividend money.
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