RE: Casey Research is out of NFR That report is a couple of weeks old and there is no suggestion that you need to salvage anything.
He says pretty plainly that it is a matter of timing. His actual comment is “So, as much as we like the Freegold Mountain project, and as much as we appreciate the significant success achieved by new management, the stock seems unlikely to achieve our investment goals within our usual timeframe."
It was actually full of positive comments for those of us that are patient.
It came out in his CIA investment alert about 2 weeks ago and what he really said was the new resource estimate was a major step forward and a substantial addition of value. He also says the preliminary economic assessment is strong evidence that the project can work and return good value for investors.
The reason he says he is closing out his position is because the company doesn't want to raise funds at current low share levels and that might not move the dial this year.
Sounds more like a company that is looking out for shareholders and he's pretty up front with it and says it is a timing issue. He also says if the stock dips on this alert it should recover.