RE:RE:RE:RE:RE:RE:How Soon Could NFG start mining?An excellent summary of current opportunities and the mounting frustration of shareholders most of whom are now underwater including Uncle Eric .
Absolutely nothing is being done by NFG management in terms of aggressive and on point stock promotion .
No road shows, no banner ads on SH , no updates of implementation of strategic plans etc.
Its as though they are in bed with the shorts, as an early buyout advances their severance bonuses .
Depressed share price means cheap equity for Shorters to cover and for high net wealth investors .
And, no attempt to move off this penny exchange to the Senior TSX.
Assay fatigue now means that nothing will alter the slide and knee cap in the share price other than the iniatiation of a substantive strategic development , especially early cash flows.
After about 1 million meters of drilling , they should now have sufficient mensuration information On grade and key distribution parameters for one or more of their high grade shallow deposits to make that decision.
These are not low grade bulk tonnage discoveries in which gross margins might impair early ROC.
As Uncle Eric has often stated , transportation costs mean F all when grades are high .
NFG management are entrusted with nurturing and eficienctly advancing our investment capital .
In that regard, On a scale of 1 to 10, I would rate then just 1 ......how about you ?