RE:ZigglyBuccanstein wrote: I dont expect your attention span can handle more than a few lines so I wont post the entire article. Some of the nvo conclusions Apr 21 2021 Crux: We flag that there are still risks surrounding the value of the project at US$94 million such as: Risks associated with the much higher gold grade attributed to Inferred Resources compared to Indicated Resources. The results of the bulk sampling exercise in 2018 giving a much lower overall grade of 1.88 g/t Au than the block model grade of 3.16 g/t for the sampled sites. The tricky conditions for mining a narrow horizon with gold that is visibly not different from the horizons above and below. The difficulties of preventing substantial dilution mining a narrow horizon under commercial mining conditions. The implication of all of the above to lead to major revisions to the operating cost and further eroding value. We think it is an ominous signal that no further news has been forthcoming from the company since the first gold pour on 16 February, which is now 2 months ago. And here we are 18 months later and nvo is shutting down the mine. Also note that by June or so of 2021 Henry had rode out of Dodge and resigned his previous position and brought someone else in to handle the mess. Mpiky Moik. Yes Man extraordinaire. Bucco
Please stop pumping crux its very annoying and no ones cares. Its so obvious that they are most likely the ones shorting this and you are working for them but can they cover before this goes back to 10$ is the real question. Nfg price sits about .35 higher than when that article came out so its a nothing burger and has had no effect. As for nvo well i made a double on that and was able to get out without crux telling me to. Desperate desperate bucco