New Found Gold Corp V.NFG

Board changes???

[Markcalgary]

If Novo is gone as a shareholder, does that mean the QH is off the board?  A great replacement would be Tony Makutch from Kirkland lake....guess he didnt play well with the AE bunch...was only there a few weeks.  Solid mining guy who Sprott knows well. HMMMMMMMMMMMMMM.  

GLTA
MC

[eldreco]

Are you joking?  Makutch/Sprott could be oil and water, given history. el d

[Markcalgary]

Makutch made Sprott a bucket of dough, and got to the finish line and sold.....  GLTA MC

[likeike]

Markcalgary - (4/12/2022 2:22:59 PM) RE:RE:Board changes??? Makutch made Sprott a bucket of dough, and got to the finish line and sold.....  Makutch was kicking and screaming.....he wanted nothing to do with Newcrest and fought ES on the board and was voted down and then he really got his  nose bent out of shape when ES gave full credit to QH on Fosterville. LOL

[eldreco]

Thanks Ike, That was my recollection of this story too. I doubt whether they could sit in the same room! el d

[Retiredgeo]

I'm guessing not.  I'm guessing Crescat capital also holds a wack of NFG.  I had no success finding out how much of anything they hold.

[eldreco]

Thanks RTG, And I'd be very surprised if QH gave up his personal NFG holding.  Not huge...but more than me, if I recall correctly..  I am not thinking Crescat would be selling either. el d

[Markcalgary]

In the Crescat precious metals fund, NFG is ranked as their 3rd largest holding.  Novo is 4th....as at Dec 31 2021.  QH is an advisor to the fund.  The website states that Crescat tries to be frindly to the board of the companies it invests in.  with all the votes, dont guess that Sprott needs their help.   QH share holdings in NFG.....  Shows 115300 shares

[eldreco]

Thanks Mark - good digging! el d

[Retiredgeo]

Hello Mark:  Any idea of how much Crescat holds?  or is QH Crescat?