RE: Grossly Oversold!! "not to mention that NGD production would increase significantly before this project even starts producing a single ounce of gold."
there is no growth for ngd except the 90 000 oz from new afton added this year , thats it , they will only have 500 k oz prodution from 2013 all the way till 2017-8 , thats over 5 years and no growth
zero growth after this year .
"minimal cap-ex requirements into the future"
they will need close to 1 billion dollars to fund the black water project , so ngd will have very little room for divends or growth via mergers over the next 6 years
i am only stating this so that investors could see clearly .