Post by
flashcash on Jun 04, 2021 4:53pm
There's only three
Big Gold games in town.
Great bear
Wallbridge
And the three amigos lead by Tudor.
GLA
Comment by
eatmorefiber2 on Jun 04, 2021 5:52pm
What about NFG? Seems like that mine, or whatever it is, is sucking up all the fiat money. At this rate, they will have a market cap as big as AMC Theaters or doge coin.
Comment by
flashcash on Jun 05, 2021 2:00am
A few of those drill results which are spectacular are down plunge so are designed to hit high grade zones over long intervals. Now if Newmont threw some money about would they go for 300 to 900 million dollar companies or one approaching 2 billion for let's say the same gold endowment. A billion dollar difference is the Capex for all the infrastructure. GLA
Comment by
green_dog on Jun 07, 2021 8:23am
Do you expect the infrastructure costs for GBR and NFG are similar? I expect that NFG should be significantly less expensive, since 1) its deposit starts close to the surface 2) it's close to the TCH; 3) there may be milling options (MAE?) and 4) it's on the order of 10km away from the town of Gander (and very close to Appleton/Glenwood).
Comment by
flashcash on Jun 07, 2021 10:16am
We tick all those boxes as well and with one more, and outstanding management team lead by Chris ! GLA
Comment by
eatmorefiber2 on Jun 07, 2021 8:31pm
I think Chris might have said the very same thing at the 25 minute mark on today's webinar. Awesome, he totally called out how some explorers pad their numbers. Not saying that's NFG, but I guess only the Shadow knows...
Comment by
severeanalysts on Jun 07, 2021 4:34pm
WM FULLY DILUTED HAS LIKE 1.3 BILLION SHARES OUT. CHRIST THEY WILL NEED TO A ROLLBACK AND FIND THE NEXT HEMLO
Comment by
goldman88 on Jun 07, 2021 5:45pm
This post has been removed in accordance with Community Policy
Comment by
eatmorefiber2 on Jun 07, 2021 8:43pm
I guess you are responding to me and failed to read into the cynicism re valuations in my post to flashcrash. AMC and doge coin aren't exactly stable/long term investments with which I would use as milestones. Therefore, a comparison to these two grotesque monstrosities would imply that this other explorer and its market valuation is supported by nothing but hot air.
Comment by
goldman88 on Jun 07, 2021 9:19pm
This post has been removed in accordance with Community Policy
Comment by
eatmorefiber2 on Jun 07, 2021 9:30pm
Gotcha. I had him on ignore. Sorry to be overly sensitive there.