The momentary sp drop is just a reflection of the register tightness and the usually thinness of trade (lack of volume liquidity). A seller with a large parcel who sells "at market" price can drive the sp down sharply, its happened before, but the sp then recovers very quickly to where it was. If I had caught that drop at the instant it happened I would have been in with an order as quick as a flash, but I missed it. Others jumped in quickly. Good luck to them, but anyway I already hold a reasonable size parcel so no problem. Putting aside these occasional drops followed by immediate recoveries we are basically in a sideways holding pattern until current drilling results are released Fingers crossed, but NGM is in a very prospective location, where the global uranium majors are already well established, and Paladin is a 20% shareholder in NGM if my memory serves me correctly. So the future potential for NGM is not lost on PDN.
NGM Price at posting:
24.0¢ Sentiment: Hold Disclosure: Held
