RE:8 WeeksBetontheFed1 wrote: It's been 8 weeks since the last drill results were released. They've had 10 drill rigs turning since May. Does anyone believe they haven't received at least 2 "rushed" drill hole results in the last 8 weeks?
I'm waiting until the next drill result release and if it's 1 to 2 grams over 10 meters type stuff I'm selling as for some reason there is a big distance between good drill hits. This stock is starting to look at lot like Novo. Big run-up at the start and downhill for the next 4 years.
I do not think anyone here cares if you sell. But in any event it is a silly rant without a full understanding of various facts, for starters:
1. The Company just completed a major financing and you were not going to get any results in the last while.
2. The Company does not have to release results drip drip to satisfy you. They must release material news within 30 days however have a lot of flexibility in how to present a series of drill results which paint the most accurate picture of the drilling.
3. When NFG released its first major hole (19 metres x 92gpt) they also had a single zone starting out of the gates and the stock price ran up to about $4 bucks. They now have many whopper holes and ones better than this such as the last one which was 25 metres x 150gpt. They also have had monster intercepts in two other zones.
You are a good case study for many novice investors how small retail fish react on emotion, lack of project understanding, fustration ect. I will call it NFG Case Study #1.
GLTA
BC