No one would have.
this is a classic a rug pull.
that is why the SP has turned down sharply.
we've all likely been rugged before in some other stock.
investor's now just need to reset and wait for a bottom. if they believe in the company longer term then they can average down to either breakeven or make some $.
NVA holds land in a large gold system, might be better to pivot and use the cash to drill test the entire region after SS 2.
There are alot of stories of companies fluffing around with dud assets before they found the game changes. Take GOR for example, they were fluffing around with the attila trend before they found Gruyere. DEG were fluffing around with witnell and wingina for years and year before Hemi and the ultimate hemi pivot.
Don't think it's a good idea to press forward with development of korbel & rpm when the market clearly doesn't support this strategy.
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Price($) | Vol. | No. |
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