New Found Gold Corp V.NFG

Financing? Why worry?

[Evenkeel123]

A 300 million ATM is sitting on the sidelines waiting to be activated.  The banks are rubbing their hands with glee.  Have a wonderful day.

EK

[Dixiedee]

You talk about financing as it's a bad thing that is how you are able to release the value that is in the ground and because they have 3000 million worth of shares in the treasury doesn't mean they will use the At the market method though they have that option.you are very ignorant in the way this works  I would be more worried if when they go to get financing that they couldn't

[Evenkeel123]

Well, I guess you will never understand me because you don't want to.  I think the ATM business is far worse for the stock then an MRE would be, for example.  Dilution by any stretch weighs on the stock, and I will bet you right here and now that after they pay themselves their yearly bonuses and perks they will unleash the ATM because all lending entities know what they have already

[Dixiedee]

Iam not a fan of ATM to raise money and they have not said they will raise additional money that way just that they have that option my guess and choice would be a private placement .They have had absolutely no problem raising money to this point so why you would say they are at a point no one wants to finance them is rediculous . You may even get a major participanting in the next capital raise

[Dixiedee]

that should of read 300 million