Nevada King Gold Corp (NKG)

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#1 Wed, Jan 12, 2022 - 2:16pm
TimothyZub
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Nevada King Gold Corp (NKG)

I need this explained to me

  • They halt the stock to put out some news
  • They report finding some new gold defined in the ground that was unknown before
  • This gold is shallow and easy to get to
  • They start trading again and nothing happens to the stock price?

I am no expert here on those numbers but it doesn't make sense to me.

Is it like being given Superbowl tickets which is really just a bill for all the other expenses needed to get there?