RE:RE:RE:Annnnnd....My Take, After Speaking With Company... good luck all.
This has totally turned into non-sense discussion. Kaiser is a credible and knowledgeable analyst who has been around for many years. Do you actually think the company is going to risk disclosing material information to one individual and not all shareholders?
Why would they do that? To see the share price blip up a penny on average daily volume of 100,000 shares? They have a proven track record of building companies. They have a track record of success at discovering gold and lots of it in Nevada. I have spoke with them on occassion and their motivation seems to be vindication to prove the hydrogeochemistry naysayers wrong as much as it is making money for themseves and the true believers and supporters of the company.
They are pot committed. Their position is too large to sell out of in the open market without pushing the share price to nothing. Their exit plan has to be a successful discovery in order to get out of their investment.
I am rambling. I apologize. I am done posting here. I have enjoyed sharing what I have found on CTGD’s. I thought I had exhausted all the information but each day, something new pops up in google search that interests me and is educational.
My plan right now is to hold on tight to my position and let this play out. We are 5 holes into the program. Pipeline took 70 holes before the discovery hole. At Twin Creeks it took 80 holes to discover the deposit. I hope it doesn’t take that many holes to hit the mother lode at SGV. The vectoring concept wasn’t around when Pipeline/Twin Creeks were discovered. Hopeful that NGE systematic exploration program will find the source of the Au in ground water plume with much fewer holes than it took at Pipeline and Twin Creeks.
Perhaps NGE is already honing in on the potential deposit source. Hole 4 pyrite was deemed material enough to mention in the last company update. Hole 5 should be nearing completion if not already done. Then off to hole 6 assuming they have the cash to make it happen. Exciting times for those with a position in NGE.
And one last time ... DON’T LISTEN TO ME THOUGH OR ANYONE ELSE FOR THAT MATTER. I AM A NOVICE INVESTOR WHO IS A TRUE BELIEVER IN NGE. AND A KAISER SUBSCRIBER AS WELL.
Take Care! ShellsRFun69