RE:RE:RE:RE:Sprott Mining Inc. - Likely NFG Acquirer....?I don't think Crescat would want a $20 buyout....they are focused on 10 baggers and higher, that seems to be their strategy, ignoring the safer, actual gold miners, in favor of the gold discoverers, and trying to find the elephant deposits..... .remember, if NFG finds and eventually mines just 15 mil ounces, and the price of gold just gradually goes to $3000 and stays there (likely it will go significantly higher 5 ,- 10 years out), and all gold is mined out by around 2037, the discounted cash flow value of the 15 mil oz mined is around $110 USD per share...... so, 15 mil seems to be a reasonable, and maybe conservative number for ALL of Queensway.......what if the oz are considerably higher, and the mining just keeps going for a few decades?....... the discounted cash flow value would be WAY higher ( I used 5% as the discount figure)....... this is just a calculation of the cash flow which would eventually flow to the company, and shareholders through dividends and growth of company.....NFG could become an up and coming pretty big gold miner, and develop other creative business operations, too.....how about a gold backed crypto, headquartered in Gander?.... the dividends could be quite large, too......so, if they stay independent, you're looking at the combination of growth company, and value play with big dividend income.......that would dwarf a $20 buyout by quite a few times, likely, maybe many times,......NFG would become a legendary investment under such a scenario......as a buyout, it will soon be forgotten, other than possibly the company that just sold out a remarkable gold discovery for what became peanuts, compared to the eventual value uncovered at Queensway.
You got it in spades Dan Warren everybody wants Collin and ES to play by a playbook.
Get a good stock and sell out when it becomes a 10 bagger, ho hum move on to the next
stock. What if however you (more by accident?) run into a once in a lifetime find that is
like no other every found on the face of the earth. I guarentee you that playbook was in
the trash a year ago. IKE