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Bullboard - Stock Discussion Forum Nevada King Gold Corp V.NKG

Alternate Symbol(s):  NKGFF

Nevada King Gold Corp. is a Canada-based mineral exploration company, which is engaged in the acquisition, exploration and evaluation of resource properties in Nevada, United States of America. The Company operates through the mineral exploration and evaluation segment. District-scale projects in its portfolio include the 100% owned Atlanta Mine, located 100 kilometers (km) southeast of Ely... see more

TSXV:NKG - Post Discussion

Nevada King Gold Corp > Raising money at 45 cents
View:
Post by RockLobster1 on Apr 05, 2022 8:38am

Raising money at 45 cents

no warrants, lots of insider buying... 15 million bucks, will be lots of drilling on the way...
Comment by RockLobster1 on Apr 05, 2022 8:40am
sorry it's 15m shares... Not dollars. I think it said they'd now have 19 million in cash.... So they really don't need to raise yet but I guess they want a bigger stake!
Comment by TheCardinal on Apr 06, 2022 3:50pm
Every astute businessperson knows the best time to raise money is when you don't need it !  This is going to be one of the Super-Winners of this PM bull. 
Comment by RockLobster1 on Apr 15, 2022 12:50pm
yes 19 million will do lots of drilling... Should be lots of news this year. They wouldn't be loading up at 45 if they didn't think it was going to be multiplies, We're in good company.
Comment by Hope4Best779 on Apr 17, 2022 8:31pm
Nice to have insiders buying at markert instead of at a huge discount to the current price. Kudos to management.
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