Virtually every producer up substantially today except ....You guessed it. NGD. We get the old "achieving expected results" from IR. Any locals up there able to provide insight as to the grades they're finding. Things are really quiet and then they get a downgrade to "sell" this week. WHY??? I would have thought they would have been promoting the mine if things were looking good. I hope I'm wrong. At these prices most of us are under water as we aren't that far off the 52 week low. If they don't start showing some results, I'm starting to get the feeling that the grades weren't high enough to warrant the billion $ price tag.
All input welcomed.
Regards