Post by
nozzpack on Oct 10, 2024 2:20pm
What a massive Haircut
A 1 for 8 share consolidation and reducing the share price to about 7 cents.
Yet another Great giveaway deal Kevin .
Whew !
Thank the Lord that Maritime got that give away deal for Point Rousse....it will make us a fortune.
Hope you can salvage something from this deal..
Comment by
DoumDiDoum on Oct 10, 2024 3:16pm
What are you talking about? It's not a haircut 1 for 8 haircut. Nex Gold Market cap 2.5 times greater than SGNL. But I'm not surprised... it's not the first time you do major mistakes in your calculations.
Comment by
shiftyone on Oct 10, 2024 4:39pm
Sorry DDD, my math is bad too. NEXG is being valued at about $58 million currently when you factor in debts, plus cash etc. Me Bad. $58 million is not 2.5 times $50 million.
Comment by
andre171 on Oct 11, 2024 2:08am
For me, the enterprise value is CAD 41.21M ( Cap 21.68+26.16 Deb - 6.63 Cash).