Opinions
Rick Rule
Northern Freegold Resources Ltd
NFR-X
COMMENT
Mar 03, 2009
Likes management and the properties. Impressed by the technical staff.
$0.600
Stock price when the opinion was issued
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Have a resource that, in his view, is too low grade. It is marginal at best. What happens with these companies with marginal resources is that they are doomed to build and if you are doomed to build something like this, you keep financing and financing and as a shareholder you get diluted right out of it.
metal mines