Post by
megacopper on Nov 18, 2021 9:36pm
Patience guys
Rome wasn't built in a day. These things take time. The company has rules to follow. We all know NFG has got a world class high grade gold discovery at Queensway. Let's get this financing closed and then get some Chrysos assay results released. The share price will be going much higher. The gold in the ground is still there. I'm confident NFG shareholders will be getting a really nice Christmas gift this year. North of $10 by Christmas Day!!!
Comment by
rob1237 on Nov 18, 2021 11:18pm
Just hope the results are good.
Comment by
JRafflesUK on Nov 19, 2021 5:32am
Do you think NFG management would buyout the NSR on the property for $3.9 million in cash and 450k shares if they didn't have something significant? At C$8 per share, the total consideration for 0.2% Royalty is C$7.5m (C$3.9 + C$3.6). Therefore 100% capitalisation of the 0.2% royalty cost is £C$3.75bn (C$7.5m/.02%).
Comment by
Bigshot123 on Nov 19, 2021 7:32am
Bigshot says you make perfect sense. Hopefully the rest of the imbecile doubters in the market will get the picture really soon. Bigshot is pleased.