RE:RE:A good post!Thank you, Hope21,
I agree with you...but on going back and re-reading Snidely's post out loud to myself a couple of times...such a clarification would be very nice - but not totally necessary, as they effectively did that already in how they presented the information in the initial NR. They acknowledged the problem right off (many Cos would have waited to see if anyone noticed!)...and they announced a pathway for clarification with the NR. Commendable!
BTW The PVG "scam" was an entirely bogus report from the company overseeing the assays (of a very similar nuggety deposit), coupled with an awful document from, I believe, Viceroy (a group of guns-for-hire shorters that have an established history of things like this) that declared there was no gold. The stock dropped immediately hugely. Their mistake was to take core from the 30k tons provided...but they didn't sample the whole thing...so they missed it!. MY mistake was not moving immediately and buying a couple hundred thousand shares at 2.25 - 2.50...this would have paid for itself in the next two DAYs...as things bounced back real quick! And as the whole slimy story began to unravel.
Not saying this is how it will definitively work for NFG...but I wish to thank all those panic-sellers for letting me (and others who know what this company has) bulk up a bit.
I've talked long enough - thanks for reading! and we'll see how we fly next week!
best,
el d
hope21 wrote: I thought that was missing also. The company needed to clearly follow up this news with clarifIcation. Great post Thanks for sharing this information.