RE:RE:Financing? Why worry?Well, I guess you will never understand me because you don't want to. I think the ATM business is far worse for the stock then an MRE would be, for example. Dilution by any stretch weighs on the stock, and I will bet you right here and now that after they pay themselves their yearly bonuses and perks they will unleash the ATM because all lending entities know what they have already burned through, and also know how long, roughly, it is going to take the company to get anything major done going forward. The timeline is longer then most think because that is how the mining business works. I think NFG is getting to the point that no one wants to take a chance with lending.
Do you really think they are moving forward, or are they buying time, trying to bait someone to buy in?I am guessing that the strategy is twofold, hoping for either/or, but I would say they have not found that magic key yet on how to make it pay yet.
So everybody sits and waits, cheers the news, but all the while not seeing any true progress towards production. I say lifestyle there is wonderful for all insiders.
EK