Post by
AlwaysLong683 on Dec 20, 2021 11:22pm
Overhang
As mentioned in a previous post, I think the issue of the possible bias investigations results which have yet to be publicly resleased is the main overhang on the stock.
When the results of the investigations become known (apparently sometime in January), the investment community will react accordingly. Until then, it may be counter-productive to release new assay results when older assay results still haven't been confirmed or adjusted. Also, depends on how far back NFG has to go in adjusting assay results and how signficant these adjustments (if any) are, as well as the reason(s) why there was bias (if any) in the first place. Was it the labs, NFG core yard employees, both, neither......? Perhaps there will be nothing of significance in the investigations results, very significant discloures, or somewhere in between? Time will tell.......
Comment by
eldreco on Dec 20, 2021 11:48pm
Gee, AlwaysLong, how nice of you to update us...I am surprised that none of us had thought of this before!
Comment by
AlwaysLong683 on Dec 21, 2021 12:20am
Only reason I mentioned it is there still seem to be some on this board wondering / hoping that new assay results will be released soon - NFG may in fact go ahead and do it, but not sure it will have much effect on the share price until these past issues have been settled. You're welcome.
Comment by
DanWarren on Dec 21, 2021 9:33am
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