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Bullboard - Stock Discussion Forum Labrador Gold Corp V.LAB

Alternate Symbol(s):  NKOSF

Labrador Gold Corp. is a Canada-based mineral exploration company. The Company is focused on the acquisition and exploration of prospective gold projects in Eastern Canada. The Company’s properties include Hopedale Property, Borden Lake Property, and Scotch Property. The Hopedale property comprises 998 claims on five licenses covering 249 square kilometers of the Florence Lake greenstone belt... see more

TSXV:LAB - Post Discussion

Labrador Gold Corp > A very good company
View:
Post by AlainDal on Apr 23, 2024 5:52pm

A very good company

When you hope nfg shares double to make money;
It's not going well
 
Comment by B2moist on Apr 24, 2024 10:08am
What people seem to not realize is that it doesnt matter what NFG shares trade at between now and the closing date.   LAB only gets $20M in NFG shares at that date.  In essence you would want NFG to have a depressed shareprice between now and closing.  Then hope for the price to rise afterwards. If NFG is like $10 by closing then LAB only gets 2M shares and so much for the ...more  
Comment by B2moist on Apr 24, 2024 10:10am
I wonder what it cost cash-wise to develop kingsway in return for the $20M
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