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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises a approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > Stop Drilling Start Producing
View:
Post by Frozengoldwaiti on Mar 22, 2023 2:48am

Stop Drilling Start Producing

At some point  this company needs to move towards producing. Colin can wait 20 years for a cash cow the rest of us not so much. 

They can drill forever and keep epanding the resource but there is a cap on value of resources. What is the record price of a property? There is no value cap on an unlimited  $400 AISC Mine.

I would like this to be the last explorarion program. Move towards produstion.  Make a ramp underneath keats for deep drilling and future shaft plans.  Oen pit the resource close to surface.

The new guy should get it started. He already dropped non critical assets. 

The next step up in value is moving towards production..
Comment by Evenkeel123 on Mar 22, 2023 10:01am
This post has been removed in accordance with Community Policy
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