RE:RE:RE:RE:RE:RE:RE:RE:RE:Waiting for AssaysHedge99 wrote: Hey BC,
What is your take on the NR from NFG yesterday regarding the assay results from 2 different labs, and their QA/QC program? The stock was down as much as 25% today. What affect could this have on SIC (or any junior for that matter)? I am not sure which lab we use, but if it is the "problem" one, do we see a major SP pullback?
Hedge
See my posting about it on the NFG board. I added NFG at $5.62USD and $6.66USD today in my US dollar account. It is an overreaction in my view and a lot of geo techno stuff, however I have very little knowledge in this area. I used common sense and also asked a geo I know who said this is overblown. As far as SIC is concerned, it has zero effect as far as I know. Do your own DD.
PS
I added 2500 shares above in 2 tranches since my US dollar blue chip portfolio is on fire. My NFGC shares are a very small part of it. Keep things in perspective folks.
BC