Post by
johnttoc on Apr 18, 2021 8:13am
Debt/Gold Hedge program /NSR
Debt/Gold Hedge program /NSR
Back in 2017 there was some shareholder equity
Now:
when you look at the current Debt owed and see the company forced into
- giving up NSR
- limiting a portion of the upside with the Gold Hedges
- higher interest rates
- Special shares arrangements.
- Somewhat Complex arrangements with lenders
I get it
what was the companies alternative
but
I have to ask...why are these insiders and third parties buying the stock.....in my view it is a roll of the dice...do NOT risk more then you can afford to lose... I have to admit...I'm still undecided
DYOD
Comment by
tonyturbo on Apr 18, 2021 8:56am
"The same with this new investment by new gold.You don't invest almost 25 million on a whim." I'm with you on that one and that's why I bought in...I'm sure they had done more DD then I would hace ever done lmao
Comment by
GoldenIdle on Apr 18, 2021 9:46am
Hello all , bought in recently led by NG investment. Pretty clear to me in my research before buying that NG is interested in the land package and exploration potential. My hope is DHEM is used to lead the drill program . A number of companies I own shares in have used it and it seems to really help define drill targets . GLTA . PS NG seems to acting like a gold royalty co . these days