RE:RE:RE:RE:RE:Market Capmegacopper wrote:
likeike wrote: Kinda interesting how ES with his recent purchase along with Palisades now control 51%.
They can make all the calls in the board room and beyond. If anyone ever even thinks of
a takeover they better think of ES likes them.
I myself do not take any buyout seriously as there has never been a takeout of these kind
of structures. Too many intangibles and until they prove them out they will not be here and
by that time our market cap will be too high for most players. IKE
Yeah between Palisades and Eric Sprott they will end up calling the shots with NFG. Nobody will come in and get this baby too cheap. Or they will end up putting Queensway into production themselves which could be far more profitable in the long run. New Found Gold know what they got here and once everyone else finds out well you know what will happen to the share price. If guys are complaining about the market cap now just wait until the fall when it's in the billions.
Not complaining. ;o) Just higher than I thought. Compared to my other juniors this one has a MC WAAAY higher than the others so I was caught off guard. I should have looked closer on their website to get the information. Either way, I see the HUGER value now so I'm not too concerned, but not having been involved with a miner like this in the past I was originally worried that the MC was too high given that their not even producing yet.