New Found Gold Corp V.NFG

Dilution

[itsjustme1]

Is the one thing that has me worried. Aggressive drilling = expensive drilling.
NFG needs to impress market faster than dilution scares it. The race is on.
We need some big intercepts over 2 to 5 meters before our next drill program

[Global1966]

They should know all the results for the unannounced assays from the Chrysos testing. 

[Dixiedee]

  aggressive drilling = more drill results not necessary more cost per meter drilled its when you want the results processed faster that the cost of the lab results become 50 to 75 % more costly and this is the path NFG took at the beginning but abandoned this path and went with normal slow turn around times to save money per sample  this site just keeps growing and so does the

[eldreco]

You are such a continuous chiseler, itsjustme.  You never seem to change. el d

[Flyby1969]

This post has been removed in accordance with Community Policy

[itsjustme1]

I am a realist. You can bury your head all you want. Good luck.  "55 million cash and marketable securities" Dilution is unavoidable in my opinion

[Dixiedee]

  You know this is a jr now don't you only why to advance the project is drill then prove up a resource  you talk about Dilution as if this was a producing mine  bottom line is they will at some point raise more money hopefully at a much higher evaluation than it is today either by selling shares are taking on a partner if they raise money and spend it to add value it'

[eldreco]

Thanks Dixie, I agree with the "discount to  market" part absolutely...altho' there seems always the need for a carrot.  One of my pet peeves (and I have participated in a few in the past, I am embarrassed to say) - is to see a discount to market PLUS warrants.  This is always like adding insult to injury...and to have unexercised warrants sitting out there always

[Dixiedee]

  The carrot should be that they get a large # of shares without having to try and buy them on the market which is usually impossible without driving the price up .when companies do a raise at a discount to the market price usually drives the stock down to that level and most cases lower for a period of time  hopefully they continue with smart raises 

[eldreco]

Copy that! el d

[bdog123]

Justme, hey, you must be just another stupid poster like Buck.  I think he is your father, eh? If you own stock and are aftraid of the future, hit the sell button and bugger off. bdog

[Retiredgeo]

We don't need more flashy intercepts (and the market no longer cares).  What we need are resource figures.  Cash has to be transformed into metal value in the ground worth many times the cash input. We will probably see some maiden resource figures before the next drill programme, assuming the current drill programme isn't extended yet again. I am half expecting another