RE:Austin and postersbraindeadoldguy wrote: We seem to have devided intellect here. One camp sees a buyout coming and are speculating on numbers, now much gold, how much money, how high will gold be, what's it worth, yada yada.
The other camp wants to see them develop this into a mine, keep the money no matter the costs involved for the startup, and tough it out. Those in this camp feel that there will be much more money for shareholders in the long run, even it it takes 40 years to flesh this out. This camp has likely not experienced any mining setbacks before. There are a ton of them to consider.
There is also a third camp. Those that see NFG holding some of it, selling some off, and moving forward that way with their own setment to mine. There are a lot of ways, inlcuding a royalty on production, and let your imagination run wild if you will with other ideas.
I think everyone should stop and pretend that you are Pallisades, or ES who has a huge lifetime investment, and ask yourself what is it they want? They want a dam-n good payout , a large reward for the risk they took. So for them, it is a game of numbers, cash out, and then move on to the next adventure. That is how investors are, and they will rule this roost on decision-making.
Cheers
My goal is to get another $10 then leave some to ride out the future. Building a mine will take a long time and a buyout will likely benefit the buyers the most and I don't want to hold onto dead money for that long.