RE: NCG vs NIBHi simpleFacts, I am also a NIB shareholder based of my original CBR purchase. Obviously, I am very disappointed about the stock performance. Around the split time when I was trying to get a hold of Mr. Williamson (the CEO, who never called me) I suggested to the IR to have the management try to add sharevalue in addition to what HTR was doing by doing some work on their other NIB properties (specially khayam, which seems to have some good surface sample values) - this way they could distinguish themself from an HTR tag-along. Talk about the IR - of course this fell on deaf ears! So I think NIB is being valued as an HTR tag-along priced roughly about 25% HTR's marketcap based on HTR's earn-in contract. That said the market was again disappointed about the last results that HTR released on NIB. But when I called HTR they claimed their geo considers this as one if not their best results and that the market is wrong. They said the next news release should be out sometime in fall. I beleive they might do a resource estimate around that time or shortly after that would show the true estimate of their find which could then help their share price and consequently NIB's. I also think if they seriously think this is a very prospective project then a takeover of NIB must be on the table sometime thereafter. For now HTR (and therefore NIB) I believe is dead money but likely a good intermediate term buy/hold.
As far a NCG, the truth machine is running and the near surface high grade gold / and its increasing predictability (based on similar iron band formation gold deposits in the area) should make it a takeover or at least a joint venture target. I believe if they can prove up > 2mil oz in the short order this year as they projected that increases the chance significantly (considering Medaline's acquisition, AEM's Meadowbank. Commander resources JV in the area).
That said, my overall grade for the management is B- (Assets B+to A-, Corporate Development and Financing B-, marketing and IR D to F).
As a longterm shareholder that you are, I would also like to know your take on these.
Regards,
Ngobe