RE:Virtual road show I'll be on the call. The NRG have a relentless promotion program supported by its broker, and hat I like. The CEO Archer may not have much to say, but what I expect him to say is that NRG has a systematic drilling program afoot to delineate what's there, at least test out some of the theories/ join some of the dots so come December we'll have a much clearer idea on the identity of the resource.
The gold price has taken a kicking today, indicative of some of the puff in the price. It was inevitable inflation would start to rise. At the moment the equity market is all excited, and presumably the bond market is taking a kicking too. If the inflation pressure continues, as surely it must, the Fed will have act. Then we will see the long overdue correction in the equity markets, and the big liquidity squeeze I've talked about.
NRG is not a bad safe haven. If we get the rich veins expected and length, NRG will be immune from POG fluctualtion, as the economics will be based on oz/grams per tonne x size. It's a long road ahead though and requires patience