RabidTiger, what I was trying to convey here was that if you stack up all of NovaGold it is only 3 x CUU's market cap. This spread has narrowed significantly. One could attribute this to the market realizing that NG will have a massive capex to swallow for Galore. Conversely, the market is also realizing that the economics of CUU are getting better with starter pit of higher grades, etc.

Lastly, I thought that perhaps some of the NG investors were leaving for greener pastures such as CUU who are further along in coming to production and so the rewards are much closer and within reach than NG.

Just my opinions, but certainly worth consideration.