New Found Gold Corp V.NFG

What a ugly day

[megacopper]

Well this was one of the ugliest days in a long time. Gold and gold equities are usually down right before the Fed meeting on Wednesdays but today was downright horrible. Most of it is due to the strong US dollar. See what happens tomorrow.

I have a question for the board. Eric Sprott still hasn't closed the deal buying Novo's shares that he agreed to purchase at $8.45 on Aug 5. So my question is does the share price have to be within a certain percentage of the agreed upon price for the deal to go through or does it matter what the share price is on Aug 5?

[likeike]

Well this was one of the ugliest days in a long time. Gold and gold equities are usually down right before the Fed meeting on Wednesdays but today was downright horrible. Most of it is due to the strong US dollar. See what happens tomorrow. I have a question for the board. Eric Sprott still hasn't closed the deal buying Novo's shares that he agreed to purchase at $8.45 on Aug 5. So my

[ernesto47]

If this is true what you say about Sprott.....so we know why Quinty did sell his hundred quid.....what about questioning this one month without any drill holes released....this with 12 righs pumping....at least a round up by Ketell for this lets say 20km teared out of the ground during this time......must have produced sort of some VG or did we only produced a pile of dudes....too many open

[megacopper]

  sounds like your mind is made up. Don't buy it. Drill results didn't help in early June when they hit 42 g/t over 11.75 meters and 55 g/t over 5 meters. So more great drill results probably won't help stock has only gone down to the highway lol I have to since due to macro reasons. So I think any drill results would be wasted with this negative market during this downturn.

[Retiredgeo]

I agree, more drill results should do nothing for the stock (a year too late).  We need this macro stuff to pass and we need resource numbers.  

[likeike]

sounds like your mind is made up. Don't buy it. Drill results didn't help in early June when they hit 42 g/t over 11.75 meters and 55 g/t over 5 meters. So more great drill results probably won't help stock has only gone down to the highway lol I have to since due to macro reasons. So I think any drill results would be wasted with this negative market during this downturn. Best to just

[likeike]

f this is true what you say about Sprott.....so we know why Quinty did sell his hundred quid.....what about questioning this one month without any drill holes released....this with 12 righs pumping....at least a round up by Ketell for this lets say 20km teared out of the ground during this time......must have produced sort of some VG or did we only produced a pile of dudes....too many open