New Found Gold Corp V.NFG

Posted on CEO BB

[Kewl002]

[AlwaysLong683]

Yeah, and you had to raise capital last month and only got $8 a share for a charity flow-through offering. Not good.

[AlwaysLong683]

Oh yeah, forgot to mention the ATM share offering starting in August when the share price was often lower than it is now. Foolish statement to make. Losing faith in Kettell. Is this the best spin he can put on the ongoing low share price.....?

[AlwaysLong683]

Noticed Kettell's post was dated May 10, 2022 when NFG's share price was in the midst of going from 9.03 on May 4 to 6.88 on May 12. Not ragging on Kettell for the share price volatility. I am however questioning why he felt the need to put out a silly statement like that. You can't control the short-term share price movements in the market, but you would like to see a rising share

[Retiredgeo]

Collin Kettel and Eric Sprott are long term NFG investors, not speculators.  As long as NFG continues to build out the deposit(s) they are happy.  They will be richly rewarded in the end.  In the mean time the share price matters only to speculators, not to them. His statement was pure, long term investor/mine builder.   People continue to interpret him and Eric as just

[AlwaysLong683]

Of course the current / ongoing share price matters to existing long-term shareholders.   Would it have been better for existing long-term investors for NFG to raise flow-through capital at the 8.00 that transpired or 10.00 - 12.00 a share?   I am not a fan of ATM share issue announcments as you don't know at what prices the company is issuing new shares during the process

[Goldziggy]

Management clearly doesnt care that we are trading at near 52 week lows with gold above 1900$. This keeps dripping daily with no support. Theres over 52,000 meters of core backlog and 12 drills turning yet asssay results are few and far between. You would think with these gold prices that they would clear the backlog and get the share price moving up and not down. Again there doesnt seem to be a

[CALISUN]

Since WHEN does any management in any company ever care about shareholders = NEVER. !!!!!   

[Goldziggy]

you're right but when they dont care about stock price anymore then its time to get out. Why would anyone buy a stock if management doesnt care wether it trades at 10$ or 4$. You atleast want management to be aligned with shareholders and want a higher share price 

[Evenkeel123]

This post has been removed in accordance with Community Policy

[megacopper]

  Kevin O'Leary??? Mr. Wonderful whose head is too big to fit in most rooms. Really. Isn't that the same guy who was saying to buy cryptos at much higher levels. He has always been negative on mining stocks. I would not take any advice from him about anything.    And Collin Kettell was only stating a fact in his message. Nothing more nothing less. We are all unhappy

[Reality888]

did K.O. buy a massive position of NFG at $12+ megacopper???...YOU did...but hey lets ALL listen to YOU REALITY = WTF thats an EGO the size of Kevin O.....LOL

[Evenkeel123]

This post has been removed in accordance with Community Policy

[Dixiedee]

He is talking from a company owner's perspective.That being said they will be raising more money so the share price does matter and at some point they will be sellers so share price does matter . Maybe they will need a PR department in the future to make sure everyone always says the right thing  If they continue to find more gold which I believe they will the share price will find its