New Found Gold Corp V.NFG

BOD appointments

[suregold2]

I find it very interesting that not a single poster on any of the BB's have commented on the importance of the Bill Hayden arrival. He has been associated with Bob Friedland for 30 years! Ivanhoe currently trades at $17.60 per share . They do not have any  significant gold exposure. Their earnings per share are just $0.16. A buyout of QWN at $4 billion with 300,000 ounces annual production with $2,800 gold would increase their per share earnings by somewhere in vicinity of $0.40 on a fully diluted basis to $0.56 (all things being equal)!
Not saying anything even remotely to suggest this, but ES made his big bucks on the buyout by Kirkland and subsequent huge runup in their share price. Just an idle speculation this morning. got too much time on my hands.
Prior to this appointment I thought the eventual acquiror here would be a "Major" gold miner. But this appointment intrigues me. I Was a holder in a large junnior many years ago which had a similiar occurence with a Long term Rio director being appointed to their BOD, and not long after a large Rio investment and major stake in the project! So, it can happen. In NFG case the possibility of a huge share price increase fairly quickly could make the $4 billion turn into $8 billion in just a couple of years if an Ivanhoe deal could materialize (again all things being equal)! The numbers make sense! A double on an AEM takeout would be very unlikely! ES is a very successful "numbers guy"!

[BladeMaster]

Interesting Theory, I've always subscribed to the "Take Out" strategy ~ Ofc NFG will make a very convincing push towards development, in order to provide them as much negotiation leverage as possible.  Ultimately, the goal IMO, is to an exit through acquisition to a Mid-Tier or Large Cap, with the capital and expertise to develop and produce.  I was also surprised that ES

[suregold2]

Just some idle speculation, but you have to admit the moves are interesting here. Financing is very near. And so far, there has not been any insider report on those 1,550,000 options which were expired on Dec 17!  I have never seen any insider ever not exercise options when they are in the money to the tune of a $2 per share profit! So another strange happening here. Also the recent price

[suregold2]

A large "corporate" development is what is needed to move the SP needle significantly here! Drill result no matter how great produce but a yawn in the marketplace!

[nozzpack]

Absolutely agree about need for large corporate development news that begins to unlock the considerable asset value defined by 550,000 meters of drilling. Bulk/ Test mining is the obvious news.  Keats Trench, with the resources and ultra high grades , sits ready as the perfect choice. As far as I know, Ron has done his homework on initial mine development. Maritime has a totally

[Dixiedee]

Newfound gold has their ducks in order and the wind is in their sales pushing into the new year and the second Q when the MRE and PEA will be released. When all those high grade drill holes and those multiple zones of high grade get added together and they come out with a preliminary resource estimate and an economical statement and this is just the beginning the geology points to much more gold