Northern Freegold Resources Ltd. V.NFR

what the..?

[mountainkid]

anyone have insight on this selloff??

[stint20]

i wouldnt worry too much . its only $68,000 worth of stock. 3 more days like today and it will be 0 bid so we dont have much further left on the pain train.

[fordy1]

No insight but I'm either going to be totally broke,or totally rich.Stil buying here.Nothing has changed that I know off.Just got recommended again by Jay Taylor.fordy

[stint20]

never a good idea to put a stop loss on a fairly illiquid penny stock :)

[fordy1]

Is that what you did?I never put stop losses on mining shares.Too easy to cheat you out of your shares.fordy

[stint20]

not me but i know someone who did for over 400 000 shares today. my stop loss on this is at 0.00

[esquilo]

Could be capitulation or taking a loss for tax purposes.   I did that myself this week on a couple of names I wanted to replace with something better.    I would love to offset that L-T loss with a gain by the end of the year... In any case, I took advantage of today's bargain NFR price since the liquidity was there to match my offer.   NFR for 8 cents/share USD

[mountainkid]

Is it possible that the price is getting pushed down because some buyers know of something positive that we dont? Read an article here recently that talked about big banks and countries buying up physical gold to hedge against currency. Looks like demand will rise and $1600/oz will be a thing of the past. If we are econmomic at $1400 and change, imagine what kind of attention we'll get if gold

[Lara6730]

Have seen this type of trading many times previously. Has been labelled with many names. The PEA was positive, however an NPV of 8 or 10% would have been more appropriate in this instance. Moving ahead, with the future potential of this property, once we get through a PFS and receive an EA from the Province and Feds, we will then go back to the 5% NPV and this stock will be well north