RE:RE:Enemic volume today even with gold being up
toller1 wrote: Crypto currencies siphon off a lot of monies that may have come over to the gold side. But the trend for gold price is still intact. This type of play though is different in the fact it is an exploration play that hit the jack pot. It is a one off that doesn't come around very often and will generate a lot of wealth.
That is exactly what we think as well. I'm looking at this as a longer term hold (perhaps three to five years) that should continue to increase in value as NFG continues to find more gold. This is a very rare discovery that once in production will generate huge profits for shareholders. Who owns it at that time is anyone's guess. I'm hoping NFG will still own it but whoever does their shareholders will prosper. As the Rock Doctor always says, "You can't beat grade." Just like Eric Sprott says that as the grade increases profit soars and it can make you very wealthy. Of course it helps when you own 20% of the company. Lol