NAG has increased its value as a take-over target.
NAG has brought cashflow potential into a shorter, manageable time-frame.
Nag as gone international. It has diversified its holdings in an area that has been mining coal for hundreds of years. Permits and local expertise will not be a problem and be readily available, both in West Virginia, but also to employ in Saskatchewan later.
In this way they have also purchased knowledge and experience which will give them an edge in Sask.
Because of all this, it has increased its over-all value as an investment.
This news was unexpected and not yet digested by the investment world at large. When it is, I believe you will see an appreciable increase in share value.
What would I do next? If Louse Lake is any good, I might sell it to SLT and then announce the positive results on the last Drill season. This would increase SLTs value, and clear the decks for NAG to be a focused coal company.
I think the moves that NAG has made give reason for confidence for the future.
NAG is a bargain at these prices.