EXPM:HRTFF - Post by User
Post by
Homestoneon May 13, 2021 11:34pm
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Post# 33201384
New Gold
New GoldWhat strikes me as odd is the recent 24.8 million investment by New Gold.They knew full well what they were getting into.A beleaguered company,struggling to stay afloat.Things seem to be getting worse,not better.The stars need to align to make this a success.So far that is not happening.Only a substantial increase in the price of gold or a huge find will bump this up.Who knows,someone may be waiting in the wings ready to swoop in and steal this great property for a song and leave the retail investors holding the bag.The ones who did the hedging and the ones holding the loans are laughing.The rest of us are in tears.I was under the impression that there was a turnaround happening.Seems I was wrong to assume that.Disappointed to say the least.