RE:RE:New Found Announces DTC Eligibility of its Common Shares
braindeadoldguy wrote: The building blocks are sliding into place for a true world class company in the making.
Little things most people don't think of, but necessary for the US listing. So much goes into getting it all done, the paperwork and expense, and later all the demands put upon a company to report properly, etc. It's not cheap, that's for sure.
Cheers
Yes all of this stuff takes time. It's been painful to read some of the posts the past few days. Not sure if it's deliberate bashing or just very naive posters but I'm getting the feeling this might be the first rodeo for some people with NFG. And it's only been a short period of time since the last set of assay results. Do you realize most exploration companies go several months with no news before releasing assay results. NFG has been kind enough to give us updates during this so called quiet period. The bottom line is the company can't release material news while a financing was being conducted and now they have a few hoops to get through to get listed south of the border. And of course in the absence of news investors get impatient and sell and the stock drops.
So because of the financing and no news the share price is dropping along with a soft gold market. If you can't stand the heat sell and move on. Nobody is holding a gun to your head to stay in this stock. I'd rather some of these guys just sell and move on. Good riddance. Lol I'm very confident anyone selling at current levels will regret it once they start releasing drill results again in a few weeks.