RE:RE:RE:RE:The me now generation1) I think you can expect junior exploration companies like NFG which has put up phenomenal numbers will garner high expectations with every set of drill results. If they don't knock it out of the park each time, there will be sellers. e.g. Monday's NFG press release communicated very good drill results in my view (37.2 over 6.45m and 17.9 over 8.45m), but if speculators were looking for 50+ holes like March 16 and March 23 (even though both of these were at significantly shorter breadths), it will be viewed by many as disappointing and knee-jerk selling results.
2) High share-price volatility is typical with junior exporation companies, so one should expect more of the same going forward.
3) There are no guarantees with junior explorers, but as I mentioned in a previous post, I like the odds with NFG and hope they just keep drilling, drilling, drilling for all of 2021 and 2022....GBR is still drilling and I haven't read of any indication that they are even contemplating selling or starting to bring engineers in to do technical evaluations for potentially building a mine...In my opinion, if you think you've got multi-million ounce high-grade property, the most shareholder-friendly thing you can do is just keeping drilling and putting out new releases every couple of weeks sharing the results (provided the price of gold doesn't fall significantly, but if it does, all gold companies will be in the same boat, so why would you invest in a gold stock in the first place.....?).