RE: RE: Sell or Joint Venture the Louise Lake CoppUhhh...
If LL was worth 150 million, NAG's market cap would reflect that.
I have no idea what it's worth, but you're not even in the ballpark.
I agree with your other line of reasoning though, about their financing strategy. The problem is that it could take quite a while to find a buyer for their LL property and they need money ASAP. The PP looks like it was appropriate given the circumstances, but it could have been avoided with better planning.
I think that we're pretty much seeing the bottom here at 10-12 cents. Next paycheck I'm going to pick up a little more. Mine #3 is getting close.