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Gold/Mining/Energy : Newfoundland Gold Camp

NFLDF 0.0490

-2.0%

Oct 31 9:30 AM EST

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To: sense who wrote (200)	1/1/2022 2:46:43 PM
From: sense	Read Replies (1) of 254

Speaking of context and proper communication : Anaconda, in context of the prior post, might best be considered for organizational change it seems is afoot Prior to the "take down" PR of November 29... on November 19 they announced appointing a new finance focused guy to the board: Anaconda Mining Appoints Ted Kavanagh to the Board of Directors And, then, after that... on December 9, right before the positive report re Nova Scotia... they enabled another shift on the board: Anaconda Mining Appoints Rick Howes to the Board of Directors So, taken all together... they're making changes... and planning on doing a financing... And, the unfortunate reality for holders... not just in penny stocks... often is... financing tends to get done at lows in the market... not only because lows attract financing... but even more because financing "attracts" lows... not all of which is a result that occurs "in spite of management's effort" ? Management's focus, far too often, is directed to knowingly understating value... in various ways... in order to enable "a better deal" for future investors than for current holders... by knowingly taking a chunk of value sold at a discount directly out of the current holders hide. When and where you can clearly identify that effort in "lowering expectations" happening... as seems is likely here... you can count on it meaning "shares are being forced on sale"... because... however reprehensible and dishonest... that's how its done. The only obvious exception to that Rule I'm aware of... is seen in the approach taken by Sprott et al... who are often willing enough to facilitate the growth of worthies without insisting on the "take down" of other investors commitment as part of bolstering their own interest. The result of that... in real market terms... is that Sprott's picks ARE worth more... because of the way in which the Sprott crew conducts business... which adds larger value to those they fund not only because of the $ that flows into the company... but also because knowing investors tend to follow the Sprott brand... for that reason... as the value added in that brand of integrity wins a market premium.... Nothing unique in any of this re Anaconda ? But, that's also exactly the issue from investors perspective...

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