RE:Estimated Impairment Losses of NFG ShareholdersIs it really bad decisions on CK part or just the cycle of the jr exploration stock over thinking things while entertaining could be destructive in ones over all perceptions of where we are and where we are going .
my take is we discovered a deposit stock went ballistic we started to prove up resource with drilling programs stock went sideways to down because people are generally impatient we raised money stock continued down people overthink dilution without thinking of the upside these funds can bring by creating more wealth through the drill bit discoveries.people underestimate the steps and time it takes to prove a resource more of people being impatient.stock goes down .at this time and point we are near the end of the drill proram 75,000 meters to go we have started an MRE and PEA this brings in new interest and new investors even has some existing investors commiting new funds stock begins to slowly go up right into the MRE and PEA then the results are released and the stock reacts one way or the other in a dractic move up or down then it levels off to its new level until a direction from the company is released then another reaction in price this is where I think we are at
if you think they have the gold buy if not sell it's really that simple