RE:RE:RE:Gecko Research buying too... the comparison to NVO is the price action that it enjoyed last fall when it went from 70 cents /share to $8.83/share in about 3 months. I interpret the gecko write up referencing NVO type share price and market action as possibly being instore for NGE if the company delivers a discovery. (NVO’s deposit has absolutley no similarity to the deposit type that NGE will be drilling for).
That is just my humble opinion. I also think that John Kaiser’s Outcome Visualization Model gives a pretty good indication of the market value of a Cortez Hills look-a-like deposit at SGV in the event that NGE delivers a discovery. Kaiser says fully diulted, the shares would be worth $18.00/share on SGV alone. The big question would be how much of a premium would the market assign to Kelly Creek, Grassy Valley, and any additional projects that the company stakes with high gold in ground water anomalies present.
If they hit, we could be looking at 100X to 200X our investment. I know it sounds absurd since we are trading at $0.255/share but the risk reward ratio for the investor who sees the potential seems pretty enticing.
I own shares in the company so I am biased. Do your own due diligence first and most important ... don’t listen to me. I am a novice investor.
ShellsRFun69