The appointment of a new director is generally seen as a major move from any company but a similar announcement from Four Nines Gold Inc. (OTCMKTS: FNAUF) on Wednesday did not lead to any more in the company’s stock.
Four Nines Gold Appoints Director
In fact, the stock was trading in a range yesterday. However, at the same time, it may be a good idea to take a closer look at the news nonetheless. Four Nines Gold announced that it had appointed David Flint as a director at the company and it went into effect immediately. The appointment of Flint as a director could be a positive for the company, considering the fact that he is a highly experienced geologist, specialising in metals.
He has been working in this space for more than 35 years and he is going to bring a wealth of experience to the role. Before taking up this position, Flint had been the Vice President of Exploration at Allied Nevada Gold. As one can see, he is a seasoned professional and is expected to prove to be an able director for Four Nines Gold. Investors could consider keeping an eye on the stock at this point.
