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Labrador Gold Corp V.LAB

Alternate Symbol(s):  NKOSF

Labrador Gold Corp. is a Canadian based company engaged in the exploration and development of gold properties in Canada. Its flagship mineral property is the Kingsway Gold Project located near Gander, Newfoundland.


TSXV:LAB - Post by User

Comment by geezer21on Oct 07, 2021 8:21am
212 Views
Post# 33978940

RE:RE:RE:RE:RE:RE:RE:One Mine Makes Economical Sense

RE:RE:RE:RE:RE:RE:RE:One Mine Makes Economical Sense
Don't everyone go crazy and complain because the price was $.70 and under the current market price.

The difference is in lieu of interest on the millions invested. This is better than making an outright loan that will incur interest charges that cannot be paid as there is no revenue yet. 

It dilutes the equity holding but in the long scheme of things the discounted net asset value of the whole project is far and away more than adequate to handle the dilution.
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