RE:RE:Funding for NUGMark317,
There is a little doubt in my mind that Mr. Anderson saw this situation as something that could arise even though he remains on the NUG board. Mr. Anderson has a strong financial background and business acumen. I'm more disappointed that someone like Byron King, Gold Speculator, who is a really smart guy, but failed to follow this company closer to see that NUG's treasury was lacking the necessary funding for operations.
There has been some debate on this board over the last two years or so on NUG's plan of attack for their property....The bottom line the company struck out in 2018 - swinging for the fences resulted in a failed strategy. They should have focused on building up the resource where they had already found gold. Also, even with press releases highlighting their reported greater understanding of the geology of their property, it certaintly didn't convince the "big boys" from investing more into NUG's operations in today precious metals environment. Will one of the big boys scoop this up on the cheap or wait to it becomes even cheaper? I don't see it unless gold breaks out much higher and holds those highs....Dead money/D.O.A.