RE:RE:RE:Possible Manic Behaviour in Newfoundland...?
One additional note I add to my last post on this thread:
What is the reason why the market has bid up the share prices of LAB and NFLD?
- Is it because they believe in the potential in their claim package(s) as stand-alone companies?
- Is it because they happen to be next door to NFG and think what NFG has hit so far will be replicated by LAB and NFLD at some point?
- Is it because they think, as you do, that NFG will eventually acquire them at a premium.....?
If it's either of the latter two, it seems that geography would be the major driver of the share price rather than actual results they have produced to date.
Also, would their respective share prices be where they are now if they had identical claims packages (including the same chunk of a fault idential to Appleton) but located say, 80km west of NFG's territory?
As I've stated a few times in past posts: You don't score until you score.
Have a great night!