Post by
shiftyone on Feb 20, 2024 4:07pm
these guys have to raise money
they probably can.... but it sure would be nice if they could get the approvals first and raise it maybe at a better rate.
someone might be holding the price down to participate.
the new presentation says they have 1 million in working capital. That won't go far or last long. arghh.
I've been looking for where NFG said they would be studying the toll mining agreement with a decision to by made either in or by Q2. I haven't been able to locate it yet. I believe it was a video and I have looked at many dozens in the past few days. It was probably released the end of Nov or sometime in Dec.
Anyway.... they need cash. And there are a people putting up blocks to the shareprice. Just like happened last time they needed cash.
Discouraging. After a financing, perhaps the price will be able to go up with all the potential, unless of course someone decides to dump 20 million shares.
GLTA