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Bullboard - Stock Discussion Forum 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 Discussion

Labrador Gold Corp > A very good company
View:
Post by AlainDal on Apr 23, 2024 5:52pm

A very good company

When you hope nfg shares double to make money;
It's not going well
 
Comment by B2moist on Apr 24, 2024 10:08am
What 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 ...more  
Comment by B2moist on Apr 24, 2024 10:10am
I wonder what it cost cash-wise to develop kingsway in return for the $20M