RE: NAG's Share PriceIn a perfect world and based on fundamentals, we can trade betwen 0.70-0.90 with Mine #1 and Mine #2. However, this most likely won't happen. Using a multiplier of 20 is not necessarily correct. It can be anywhere between 10-20. Either way, I don't see NAG going to 0.90 simply on full production on mine #1 and mine #2. I see them getting to 0.90 when #1, #2, #3, LL producing (or sold off), and possible drilling in saskatchewan. Not to mention their other mines (#4-9). So 0.90 is a long ways off in my opinion, but very attainable. At least once they get other mines running.
And no, I don't mean to sound negative but .90 on mine #1 and mine #2 alone is wishful thinking in my opinion. I've been here over 2 yrs now and will continue to hold as I believe NAG has the goods. All these delays will mean nothing a year from now when they are mining #1, #2, #3, saskatchewan and others. GLTA.