RE:RE:RE:Market Cap / Purchase Price Comparisons
braindeadoldguy wrote: Everyone is counting the dollars menatally as to what NFG is worth, with the bottom line growing all the time. The big question is: who can afford to pay for it, or what kind of deal would such an undertaking involve. Barrick wants to be the largest gold miner in the world, and they now have, I believe, 6 tier 1 miners, and they have about 1.5 billion in the bank, nowhere near enough, I assume, to wet the appetite here.
I have ideas and thoughts, so do all of you reading this, but we have nothing to say, really. How do you feel? If you listened to Crescat, QH does mention the phrase :preparation for 43-101"
It feels like it's too big to fail, too big to sell, but the path to production, I hope, is being considered.
Cheers
My guess is NFG will be sold for somewhere between $3 and $5 billion in a year or two. Of course they will have to keep finding high grade gold. Just a guess but this one is big and it's rich.