RE:RE:RE:RE:RE:Now we know what happened...NCM has NOT sold any shares, they actually bot shares in May to level their 32% ownership which is capped because of a stand still agreement they signed in 2028. The shares bot in May were to offset dilution for shares granted to employees thru performance options.
I think we will get a great update in early 2023 on not only FDN but the other drillings going on. The 10mil shares sold by an early invester was due to her fund shutting down and paying out to investors. I was surprised she could not find a buyer on the other side.
Most of these small-mid caps have run up a lot since POG was at 1620, Torex, Lundin, Karora..just some profit taking imo. Gold is holding $1800 today.
Long LUG and NCM ( and KRR) . Bea