RE:RE:Good morning everyone. Here we go again. POG downhi again Global1, imo, the simple answer to your question is, it doesn't.
New Found Gold Corp is an exploration Company with a Junior status, and despite mounting evidence, it is still considered "speculative".
once things are acceptably "proven" that all changes, for now though, some folks will not invest if perceived speculation outweighs their risk tolerance while we current holders assume the risks and have to live with the comfort that our DD, including the knowledge that we are fully funded (most likely until a Resource estimate can be published), outweighs the speculative risks despite current share value, price of gold or other factors.
now, get back to busitn' balls LOL
best.
Global1966 wrote: I'm struggling to understand how a $30 an ounce variation in the price of gold impacts a gold exploration company where no one knows how many ounces of gold it has