RE:RE:Nfg continues to add value with the drill bit nozzpack wrote: That is true but it has no measuring tape to justify one's assumptions and no tangible plans to begin converting assets to cash flows nor to unlock the value of assets that contribute nothing to the market cap.
The management team is comfortably numb, getting along quite well on their salaries and options , with most of the work being done by the drilling teams.
I sold some of mine a while ago and bought a cash cow in Silvercrest ...and up quite nicely on its production metrics .
A finite tangible measuring tape of performance , accretively adding millions of cash each quarter.
Here is more dilution almost at will.
You need to have a little more faith in this management /investor team it is remarkable how fair they have come in a very short time I never fault anyone for selling we all have our own reasons
I do believe this company will pay off in spades for those that have some patience and those that acquire shares at these extremely low prices many catalyst at work that can propel the gold market and especially gold shares to multiples of where they are now .We have a lot of gold at shallow depths
and soon we will have a lot more at much deeper depths plus we still have a very large land mass that hasn't been explored yet .I do believe we will have multiple mines with multiple players mining this property over time and the 1st mine will proably start a lot sooner than most think
I welcome the volatility gives us a chance to occasional pick up cheap shares