New Found Gold Corp V.NFG

HAPPY NEW YEAR!!!

[itsjustme1]

Let's hope the new year brings deserved stock price. Dilution worries me.

[Retiredgeo]

As of today they still have $28 million in the bank.  Dilution is still far down the road.

[suregold2]

Retired that $28 million was as of November 30. They update it usually in the first week of the next month. So by mid week next we should have the Dec 31 figure. Burn rate lately is around $7 million per month, so $21 million approximately as of today. And down to $14 million by January 31! $7 million by February 28, and you can bet the frinancing will come before Februay 15th at latest. Most

[Dixiedee]

Dilution should not worry you at this point once the MRE and PEA come out a plan to move forward will be unvailed it maybe going to some type of production themselve's it could envolve a financing or a loan or a partnership or all of the above but if gold in the ground is worth 200 to 400 an ounce and gold out of the ground nets 2000 US an ounce will it be dilution or weath creation 

[Global1966]

They have to do a trial batch test in 2025 or few will believe them any further