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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 B2moiston Apr 24, 2024 10:08am
110 Views
Post# 36004920

RE:A very good company

RE:A very good companyWhat people seem to not realize is that it doesnt matter what NFG shares trade at between now and the closing date.   LAB only gets $20M in NFG shares at that date.  In essence you would want NFG to have a depressed shareprice between now and closing.  Then hope for the price to rise afterwards.

If NFG is like $10 by closing then LAB only gets 2M shares and so much for the upside.
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