RE:RE:RE:RE:RE:Questionmegacopper wrote:
likeike wrote: Just think about guys a year ago they turned down 50 mill of investment income.
That would have caused around 40 million shares of dilution....and some guys
are whining about 4 mill shares....are you kidding me.
This is a great raise of cash and I still say HOT DAMN IKE
Yes anytime you can raise $50 million cash like this with very little dilution you take it. It's only an extra 4 million shares. That's a joke. This is great news getting this extra money. Guys are losing sight of the big picture here with NFG and all the gold right up through the central gold belt. These guys want to get positioned so they control as much ground as possible and have cash on hand just not for drilling but to take further equity stakes in companies with favourable geology. The big money boys want in on this play now so they will flush out the weak hands before the fireworks begin in the fall. Oh well the guys selling today will find out the hard way how the game is played.
Likeike and Mega I agree 100%. You raise big time cash from a position of strength and when you do not absolutely need it in the exploration business. Dilution is laughable and watch this price soar back up. Shaking out weak hands is all you saw today. NFG is positioned very strong for the next few years. BC