RE:Mergers & AcquisitionsOr, just remain independent, and mine QW.......with BIG Cash Flow, become an up and coming producer....a growth stock, so to speak.
With the connections to SPOT, NFG could find other properties in the ~2000 company Canadian exploration outfits that could be bought out cheaply in the years ahead.
It's ironic that the investment universe is hugely overvalued, given all the debt bomb problems of most nations worldwide, yet gold stocks are more undervalued than at anytime in the past 4-5 decades or maybe even longer.
The crypto chasers were looking to find 10 - 20 - or more baggers....instead, they found fraud and what was a carbon copy of what the junior gold exploration outfits used to be accused of being, a liar standing next to a hole in the ground.
Now, it seems to me that actual 10 - 20 - or more baggers are possible to be found in the gold and other mineral exploration outfits....oh the irony of how the crypto fans pooh pooed gold and gold stocks.....I doubt they understand even now after the crypto world has collapsed, that the returns they were hoping for might actually be achieved in the mining sector.....too late for them....they can't understand it.
My sense is NFG should just get mining, producing cash flow to fully fund all further exploration and development, and don't even consider buyout offers unless they are truly spectacular, and NO buyout offer will be spectacular.
Once gold returns to a normal share of the investment universe as a % of investment funds being managed, gold and related stocks will be way higher....probably multiples of where they are now........NFG won't need to sell out, but, maybe they could sell out under such an environment as described.
If a company has the gold in the ground as a commercial deposit, it would just take time for value to be realized.
Other stock investments are subject to many imponderables......I have the sense that the big gains are available in the mining sector...not in the general stock market, which has the entire money printing largess to wring out over years.
Maybe the biggest risk to the gold mining sector is the continuing rule of the Leftist Cult parties in Western nations, as they would naturally want to target gold mining as an undeserved profit generator for the wealthy, and a competitor to their control over the failing currencies....but, there are many signs that the Leftist Cult is collapsing, such as their need to steal elections to remain in power.....the fraud and lunacy of the Left is being exposed, but, there is no guarantee that they can be stopped from doing whatever they want to steal elections and hold on to power.
The years ahead will surely be a whirlwind, as decades of idiotic govt excess has every chicken coming home to roost.....problems that will take a sea change to resolve......it is ironic that gold stocks are so cheap, and gold has been held back in price.
Gold will be seen as the safe haven, I assume, as people wake up to the catastrophes we are stuck in......thus, the Leftist Cult will view gold as their enemy, I have to assume.
The defeat of the Leftist Cult MAY happen. If not for the election fraud....the ongoing election fraud. I think it is safe to say that the Leftist Cult would be crushed, as the People now know the lunacy if the Left. ....but, the Left is being propped up by the Media, and the bloated govt centers of current power.
Gold is the safe haven. It's remarkable that the gold sector is so cheap.