NFG LIKE A CANDY STORE FOR MAJORSBut, the problem is NFG is BUILDING VALUE now with drilling results that evidence a high-grade open pit mine. A smart major might be thinking they want to catch this BEFORE they prove too much mineralization and the share price gets too high (thereby financially enabling NFG to build its own mine and processing facilities). If things keep going the way they are, NFG will eventually become TOO EXPENSIVE for a major to even bid on.
So, it would NOT surprise me if certain "needy" majors are at least making overtures. QH himself used to work for Newmont, so something tells me they are on the horn with QH testing his amenability already.
The CHALLENGE will NOT be receiving offers, as it will indeed happen - the challenge will be to say NO to them. What will QH do if a major offers say 80.00 per share right now? High grade, open pit - yep that could happen in a world where majors are running out of reserves. Would you say NO to 80.00?