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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises an approximately 1,662 square kilometers area, located about 15 kilometers (km... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > ATM's advantages and disadvantages
View:
Post by rummager on Aug 27, 2022 8:54am

ATM's advantages and disadvantages

Avoid the chaff. the wheat is in this doc:

https://assets.contentstack.io/v3/assets/blt5775cc69c999c255/bltf69f2ea7c45f697c/faqatthemarketofferings.pdf
Comment by rummager on Aug 27, 2022 8:57am
An ATM can be a win-win for shareholders and the fund sponsors. It is more ideal than a rights offering that is frequently dilutive to shareholders and NAV. With an ATM, they are only done when funds are trading at premiums. Thus, they are accretive to shareholders.
Comment by eldreco on Aug 27, 2022 2:33pm
Thanks Rummager, That is how it has worked for me in the past. And, while I know that the system works by me paying you for shares (that are already "out in the open") - I personally take the most joy when the shares I buy come direct from the company.  No offence meant to retail sellers...but to me, plugging that cash direct into the company this way is the best support that I can ...more  
Comment by Dixiedee on Aug 28, 2022 3:20pm
  This may suggest they are anticipating some good results coming and the share price appreciating 
Comment by RooftopRose on Aug 27, 2022 9:51am
You are the chaff rummy. Rosie
Comment by rummager on Aug 27, 2022 11:54am
Stick to roofing, Rosie. You will hurt yourself with a rivet gun. Oh, well, another ignore...
Comment by Dixiedee on Aug 28, 2022 3:22pm
  The ignore list seems to grow with each new day 
Comment by RooftopRose on Aug 28, 2022 3:50pm
Mebe someone collects ignores instead of likes.  Rosie
Comment by eldreco on Aug 28, 2022 4:07pm
Dixie, Please understand that in no wise am I complaining LOL - but I am currently not seeng any of the AKAs that you and others are so busily putting Ignores to Maybe it was something I said to SH Support...but it is suddenly like the tap was finally turned off with posts from our resident troll. I am so very thankful. el d
Comment by Kewl002 on Aug 27, 2022 12:47pm
Rummaged --> Excellent!  Thank you for posting this!
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