RE: 50 to 75Stokpiker :
i’m no more closely connected to ngd management than you are.
i do my dd and have been a shareholder for more than 7 years.
during this period i’ve met most previous and current management, some if not most of the directors, employees and contractors.
i have also discussed the project w/investors, market analysts, brokers and underwriters.
plus numerous other avenues explored over these years.
the info acquired led me to believe that ngd had rediscovered chester millars original find.
imo improper developed by the previous operator [maybe wrong model], left the
largest part of this mineralized system in place waiting for exploitation,
ngd owns 100% of the ore, which now has a value north of 4 billion dollars.
that is the method i’ve used to come to my decision to buy, hold & recommend ngd.
stokpiker if you haven’t bought in yet, you better now, or you will happily pay more for your position later.
oh yea the 50 to 75 thing, rumor has it that the offering was over subscribed by more than 100 mill, so to try and satisfy the demand they increased the issue.
thx for asking, good luck bt.