NGG concernsI spoke to Judith earlier today at NGG regarding the relationship with Macmin and it's effect on NGG. She assured me that nothing has changed other than Macmin has bought NGG shares on the open market from time to time to help support the price. She said they have not sold ANY shares in the foreseeable future, especially now that there are many positive projects on the horizon. Macmin sees NGG as a seperate, potentially succesful entity in part of their overall portfolio, no different I suppose as to many of the larger Gold companies.
She advised me that they will be issuing a press release tomorrow regarding an upcoming conference call regarding the company's AGM. She invited anyone with questions to either attend or call Bob McNeil. The AGM is on the 21st of June.
I will try to get there if i can but not sure if my schedule is going to work...anyone else thinking of attending??
K9
----------Original Message Posted 6/19/2006----------
That's ludicrous!
What kind of deal is that?
Great,so Macmin makes sure we stay at .20 cents?
Hmmm....I think management is not quite the greatest after all!