RE:RE:RE:RE:RE:RE:RE:Rick Rule's synopsis of NFG is total skepticism at bestJust get mining. Use Maritime so that mining begins ASAP, and at the most minimal start up cost.
Show the production results and keep improving .
And STAY INDEPENDENT. Thats where the Big Payoff will come over time.
This is a very long term investment.
Maybe NFG let's some Big Gold in with 10-20 % ownership....but they'll want more. So, maybe no buy in happens because NFG will not cave to selling out Queensway at over 50% ownership in stages, which one would think is the logical goal for Big Gold.
Ultinately , NFG will be self funding, the profits will be huge, and NFGs Big decisions will be where to invest the big cash flow. Dividends will be very thick.
NFG is in the Catbirds Seat ( position of great advantage) as gold rises , and this Era of Great change in geopolitics, massive governmental debt around the world, and failing confidence in fiat currency evolves..
All these events/ scenarios will be happening as NFG makes further and further progress and gold is in a rising trend, and gold stocks transition to a favored investment sector, likely able to be in its own uptrend as a separate investment category, separate from the general stock market, able to act as a safe haven investment, port in a storm.
There will be volatility in NFG, exacerbated by a persistant Short position, but the Short position will throw in the towel at some point as definitive proof of the value of the QW property reveals itself.
This is why it is KEY to get into production ASAP.
If some Big Gold steps in and buys a 10-20% position soon, so be it, as this will be a big boost to the share price. But, the trade off is that the independence and long term great upside potential is very possibly truncated due to an eventual take over of NFG in some min maner or form.
Don't Sell Out to BIG Gold - BECOME Big Gold !
This is my over view, I'm not a seer, but this seems quite logical to me. Big Gold plays hardball when it wants to take over a promising developing deposit. There is no getting around that. Thus staying independent may be the best strategy of developing NFG and getting into the strongest negotiating position while gold is rising, if selling out QW IS the goal.......NFG can always say , 'to heck with selling out' and decide to stay independent.