RE:RE:doh
Flyder wrote: There's a down market that drives a stock down, but then there is tanking on no news. Good God this stock has fallen! I never sold up high and am still holding, so these prices make me gag. Probably time to average down, but why soooooo low on this stock, with a property that has very good potential? Don't get it.
Flyder, here's a theory:
NFLD PR dated May 27 2021:
NFLD announces they are beginning Phase 1 of their diamond drilling program at Schooner (Mt. Peyton) "today". NFLD PR June 29 2021:
NFLD announces they have completed Phase 1 at Schooner (7 holes, 2,400m total) with intital assay results expected in 6 to 8 weeks.
Drill moved to Quinlan Veins (Dog Bay).
To date, no news on the Schooner cores.
One would think if NFLD discovered visible gold on the surface of one or more corese, they would have eagerly issued a PR on it. Now, that's not to say the cores are blanks or contain just trace amounts of gold, but 6-8 weeks from June 29 brings you to Mid to Late August, so investors may be jittery that the first assay results will underwhelm.....?