OTCPK:NGLD - Post by User
Comment by
SuneeDazeon Nov 28, 2019 5:43pm
74 Views
Post# 30403775
RE:Results are great
RE:Results are greatJust a quick response to a couple of your comments. I'm not sure I understand your "anxieties" for lack of a better word.
The company released their last results 3 weeks ago....3 weeks. That's hardly a newsflow drought. I already stated that they intend on issuing an update before the AGM which is next week. So an update is imminent. How you come up with the inference that that's it for the project is totally beyond me. Unlike you, I've contacted management. Max stated that they are excited about results, and that they were beyond their expectations.
No Insider Buying? Maybe check sedi. In addition to the options exercised, Max has purchased about 270,000 shares on the market since the end of September.
Back to current activities of the company. As an investor and ex geologist, I can certainly tell you that no exploreco. drills non stop. Following a drill program, results need to be interpreted and extrapolated, and geological hypotheses/models developed (as well as reports written). Then, in a systematic manner, the next phase of exploration is planned based on the above. Of course, financings also need to be arranged to conduct the next phase of exploration. All things happen in due course.
You previously stated that you sold your shares and put funds in AGG (the 1 m intersection wonder). I'm guessing you're hoping to get back in here at a cheaper price. More power to you. As I said before, fundamentals will win out in the end. Check back in with us in a few months time...
Have a good night!