OTCQX:CGTFF - Post by User
Post by
AltaRounderon Jul 24, 2018 11:28pm
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Post# 28362788
Nordgold will tread softly on French soil.
Nordgold will tread softly on French soil.
Just read this article in Bloomberg today. Some high profile Senators from both parties are proposing new legislation and sanctions on Russia. Could pass and spread to European countries like the last bunch of sanctions. Article refers to debt, fiannce, oil, mining. Wouldn't be surprises to see a better Tariff side deal for Europe if they follow suit. Point is, geopolitical reasons could prompt NG to sell out after FG ruling. Russians prefer Mali, Congo etc for good reason. Business environment, even for allies is worsening. I still hold half a position after selling half last summer before Alligiant at almost 70 cents. Down 50% on remainder but feeling better about averaging down now, for the rest of the year. Huge upside, desperate need of jobs in FG and the gold hasn't gone anywhere. Senators Propose Boosting Sanctions on Russia, Including Debt https://www.bloomberg.com/politics/articles/2018-07-24/senators-propose-boosting-sanctions-on-russia-including-debt