I think the SP is greatly discounted to the current and future price of gold. NXG has eliminated its hedges and the KN mine is off the books, but perhaps a future asset. The amount of gold that NXG controls has been increased by its new acquisition and it still has cash on hand to address possible problems, or to buy additional assets. It now has a stable work force in place in Canada, and is working out production liabilities in Australia. And YD will prove to be a great success.

IMHO this is a great buy for initial purchase or adding to current position.

Rink