Divergence for surePrice of gold up approximately 30% over past year and NFG stock down maybe 40%.
So what do we take as the reason, were investors overly optimistic then or just pain stupid, or is the world just blind to the value of this and so many other commodity stocks. I sure hope it is the latter as I would not like to think I was wrong for whatever reason. I am becoming more and more to the realization that this stock will be a real winner but the time frame is much longer than I had expected when I first started following this company. Management does not, to a large extent, care of the value ot the stock, they are proceeding as they see fit to develop a major gold mining area and the day to day, never mind the month to month value of the stock does not matter to them. Until all gold stocks break to the upside, this company will severely lag in price until it is either sold or they commence mining. I hope that this occurs sooner than later.