New Found Gold Corp V.NFG

Randy Smallwood CEO of Wheaton Precious Metals

[nozzpack]

Grandson of Premier Joey Smallwood and a NFLDer
Randy visits quite a few mine sites each year.

Surprised that he has not yet made his move..

[Dixiedee]

You do realize wheaton precious metals is a streaming company they DO NOT aquire companies at all  they finance companies that will eventually go into production by taking a royalty from that company on its future production usually at a extremely low price per ounce of production this is a very good model for the Royalty companies not such a good deal for the mining company it's a last

[nozzpack]

Yes of course. Its just that NFG would be better known by a funding investment by Wheaton than persistent funding by ATM which depresses our share price without any tangible share price benefits.

[Dixiedee]

I disagree a financial arrangement by a streaming company would be like having an anchor on any future negotiations with any major or buy in partner it is a liability that in most cases you can never shake and what you pay out in gold is a lot more than any tradition loan would be , going to s streamer is last resort financing when traditional financing won't touch you not where you start this