RE: MY previous comment on share value
rgvgolf wrote: Please ignore my share value of 62.50. I should have said$100. per ounce in ground and 200 mil shares with 50 mil ounce resource. Could be valued at $25. per sh.However I dont think they will sell.
Far too early in the discovery phase to even give an educated guess as to where NFG will end up. Too many unknowns. I'm confident it will be north of $10 based on drill results so far. These guys are onto a very valuable high grade gold deposit and they could end up with several deposits which means there could be more than one producing mine eventually so that would be a game changer in the valuation. There isn't enough information yet but we all know it is an incredible high grade gold discovery so the sky is the limit really. Start watching at the 16:30 mark. Listen to what Quinton Hennigh has to say about NFG and LAB
https://m.youtube.com/watch?v=63fKDlTR6Gk