Novo: Bull and Bear Views

I thought it would be interesting to discuss Novo from some of the bears points of view and tie that into a Risk/Reward scenario. I got the idea from Goldfinger over at who suggested I could write something about why some market participants do not...
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GFG Resources Inc (GFG): My New Top 2 Holding

North Stock & Antilope
GFG Resources Inc Website: Stock ticker: GFG Flagship project: Rattlesnake Hills Gold Project (33.5K acres) Location: Wyoming, USA Shares outstanding (basic): 50.3M Shares outstanding (fully diluted): 53.0M Market Cap (fully diluted @ CAD$0.52):  USD$22M Cash (March 31): USD$4.5M Enterprise Value: USD$17.5M Management ownership: ~15%...
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