New Found Gold Corp V.NFG

Shares Outstanding

[toller1]

The Company has to many shares outstanding for an exploration play at this stage of the game. If you look at GBR they have kept a tighter rein on issuing of new shares and their float is a quarter the size of ours. And because of that their share price is 3 times larger. Both market caps are almost the same. We need a tremendous amount of high grade gold to move the needle because of share count. We issue shares like the Feds print money! This company spends money to freely, and they need to tighjten up.

[likeike]

Toller I can forgive your use of the word "to" when you mean "too" but why not just use  "two" so we can confirm that English is not your first language. GBR has been at it been at at it a lot longer we have been at it a little over a year. Although we have a lot more cash two I think it is more important to mention we have a heck of a lot more gold already

[toller1]

Thank you for your low life insults Ike . I am also pleased to discover that you were a grammar teacher, kudos to you. I stand by what said I with the share count and I am not moving on so grow up. As far as the cash on hand, unless they stop wasting money it will be gone in one year. I will put my shares up against your 200 hundred any time pr-ck, I mean Ike. Again forgive my poor grammar.

[likeike]

Your grammar is probably better than mine but that is not the point insults aside. If you want to talk about GBR take to that board. Your like every other bozo that shows up on this board and wants to get into an argument that GBR is better. If it is, buy their stock and leave this one alone and you will get no argument from me.....good luck two. IKE

[toller1]

Ike you missed my point entirely. i'm all in on NFG but I'm pissed that the share count is this high at this point. GBR is a great deposit but will never come up with the grade we have here,enough said!

[GGGsOldFriend]

Wasting money?  What are you talking about?

[Global1966]

Hanks for my Sunday morning laugh

[DanWarren]

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[DanWarren]

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[DanWarren]

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[hockeyplusgold]

I don't believe there is to many shares based on the money on hand the huge land mass they have  and the positive results and the small retail and institutional float available for trading  larger land mass richer deposits means more drilling and title and drilling fees this is big so it is only natural to have bigger # of shares issued 

[Lemmy79]

Well Said Dan. I have a feeling there soon will be great intercepts released and the stock will move higher. Raing money at 20$/share wont hurt us. I hope the new core testing system works well.

[megacopper]

  I'm confident the new Chrysos Photon assay testing method (new for NFG) will confirm the high grade gold at Queensway. This testing method is  well established elsewhere in the world and is widely used by companies like Barrick Gold. Once we have confirmation of the high grade gold at Queensway the share price will be heading much higher.    There is a lot

[hockeyplusgold]

ES buying his last batch @9.60 which was market price when they made the deal  shows management isn't selling existing shareholders out and diluting on the cheap they are giving us value extra money means proving resource up adds value so I for one don't consider this dilution  The when ES had the chance not to close the deal at what became a higher price than current shares

[toller1]

Open your eyes and look at other successful companies GBR for one, do you have tunnel vision! If you don't realize how share dillution affects shares price you are a complete idiot.

[DanWarren]

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