Gold now at $2479This recent rate of increase may presage underlying factors that were formerly subdued due to the paper gold price manipulation.
Its not improbable that the POG is now beginning to be valued as a currency alternative commodity such as intended to be in the BRICS basket of commodities .
If so, the ultimate price which gold reaches could be much higher than this up trend might suggest.
All the more reason why NFG management needs to publicly announce and begin accelerated , via trial mining, monetization of these high grade open pittable deposits , nullyfing the need for continous equity dilution and accepting that shareholders ROI is their main priority.
Fill up their inbox with your request that they publicly disclose their priority plans and strategic timelines to accelerate the conversion of gold in the ground to cash flows to our balance sheet.
Remind them that gold production would quickly elevate our valuation multiple by several times, restoring shareholders investment losses to investment gains.
That this should always be their striving objective needs to be said.
AIMHO
GLTA