RE:A Scrooge Xmas for Shareholders OR… The price of gold rises while the value of NFG falls despite fantastic drill results! The solution—-----Be a producer. Producers are benefitting tremendously from the high price of gold.
They could have bought Pointe Rousse for 6 million dollars and been raking in wads of cash by now. No more share dilution and all of the drill money they need. But no, they passed on that.
They could be toll milling at Pointe Rousse now but no, they seem to have passed on that.
They could dilute the existing shareholders and drive down the share price. Yes, they seem to like this method of funding!---------
It almost seems like they do not want the share price to appreciate. The sad part about supporting Junior miners is although we own the company in theory, we really have no say in how it is run. Someone always seems to swoop in and get the fortune for pennies on the dollar!