Yeah, the company is drifting down with good drill results. Sad. They can't mine gold, that's the problem. They are good at exploring but can't mine and they are running out of money. I'm waiting until single digits before i think of getting back in.

there are other companies out there with better management that are just as undervalued - check out CGR, Claude Resources - it came out with drill results today on its 100% owned Madsen property in the Red Lake Mining Camp of Ontario - the share price is still cheap, and the company has a long track record of mining gold. - that's what i look for in junior gold miners - good management and an ability to mine gold - they got a nice balance sheet, old and gas holdings they can sell to raise cash - seems like it may triple from here by the end of the year

other stocka i'm keeping an eye on are Taseko, TGB, and Capstone, CS.TO. Both these are base metal miners with promising gold mines they are developing. Both have good management and strong balance sheets.

why does NGG stink - it's the management stupid