OTCPK:NGELF - Post by User
Post by
realtyon Jan 10, 2019 11:09am
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Post# 29212241
Down Trend
Down TrendThe stock seems to be on a down trend with the delay on news on the 5th hole. Getting closer to 12.5 cents, lol. Although, on the flip side, I am really surprised about the financing before the news release. I wonder who took down the private placement? Maybe an insider or a family friend? Or maybe this was a thank you private placement as someone else suggested, before the big news is released. I expect the down trend to continue until some good news is released about the drill program. All the stuff that they have found in the previous drill holes is nice, but they still haven't found any gold. So until the find gold, there will be questions about the theory. Whatever happened to NVDEF's original plan to do 10 holes at Kelly Creek and 10 holes at SGV for 3 million? Now we are doing 6 holes for 2.5 million at SGV? Kind of concerning to me, unless of course they find something in those six holes (I mean 5 holes because one was a dud).