RE:RE:RE:AXUThe geologist that co- founded Nova Gold has a record that suggests you are over reacting and really don't understand what's happening here.
Greg said when the market was completely dead (1999-2001) he kept exploration going at Nova Gold by generating revenue with a sand and gravel business in Gnome,Alaska.
They survived ***without dilution*** to take on Donlin Creek-a million dollar per year work commitment-because of that modest revenue stream.
Today MMG have an alluvial royalty business that pays them now and royalties that will generate cash flow next year. Nobody does this.
Greg owns 10% of the company and his team own 25% of the company.
Greg bought into every financing MMG have financed.
AXU or another major/mid-tier silver company will take out MMG. The Bermingham Deep DP will wrap up with MMG's this fall and I expect offers will be flooding in,given a continuation of the success East and West.
If you don't understand what has and is about to transpire or you have no patience to wait then go invest elsewhere and best of luck !!