Market Catching OnFriday was a wonderful day for those of us playing this side of the NFG straddle bet. At some point the market determines whether the second option is a similar and/or better value to invest in. Lab has some really interesting short to mid term pluses and this should support the price around these levels or a little higher: #1 Lab has soil results due any day and RAB drill results will be known relatively soon too. If they find good grade gold, share price will surge over a dollar or more overnight. #2 If Lab finds good gold grades or better it instantly draws buyout speculation. Some folks speak of NFG being bought out but it makes less sense to me. NFG share structure is built on a few extremely wealthy investors making up 70+% of ownership that can build the mines on their own and have little desire to make the quick easy pay day at the price of squandering huge profits down the road. There is not enough loose shares to be purchased to drum up a buyout without their consent. Lab ownership on the other hand is more spread out with less large positions held by major insiders which leaves it highly vulnerable to take over bids by whales looking to get in on the Gander action. Now a joint venture deal with a mid-major or major producer is certainly possble as well #3 I also can't help but wonder whether NFG will decide to use their recent price valuation to make a friendly merger with Lab at a slight premium. Afterall between Palisades and Rob McEwen they already own about 20% of Lab. The majority of Lab investors would be thrilled to get some or more interest in NFG at a discounted rate...just some thoughts I have running around in my head