RE:Hmmm... wondering if there is some....Very interesting that shorts would try to crush prices below $4 / share ~ Fundamentally, you gotta wonder what's going through their head...
At $3.3 (the most recent lows), NFG was valued before the big run-up to $12, before major discoveries along the AFZ and signifcian't investment by ES @ $7.7 (taking over $100M worth of shares from NOVO)
Now, with the USD on the cusp of a breakdown (as the FED ponders a 50 bp cut in Sept), and the gold miners would like a coiled spring relative to record highs in the gold price, I would not be surprised if any confirmation of grade at depth causes a run in NFG towards the $13 / share mark (the last all time high)
I only wish the SHORTS had shorted more right here :D