RE:RE:RE:New Found Gold AcquisitionI can see why Novo released the news on NFG. It's some good news in a sea of bad news. It's pathetic actually. They closed on a stock they acquired 14 months ago by giving NFG over 6 million shares. I'll bet NFG was holding its breath on whether Novo would actually go thru with the deal being that Novo shares have gone up so much in value since 14 months ago. LOL.
But it does represent 50% of Novo's value according to the last review by Seeking Alpha. While many have panned CRUX and Seeking Alpha's assessments those assessments have proved accurate.