RE:RE:Another NFG ?megacopper wrote:
atchouk wrote: Hi Mega, what do you think about Exploits (NFLD)? They have 100% ownership of a 2,111 sq. km. land position (much more than NFG’s 1,500 sq. km.) directly adjacent to NFG lands but NFLD’s market cap Is 24 times smaller (~42M). They plan to drill 5 target areas in 2021 and it looks like they have money for it. Can it be even bigger than NFG?
Yes I like NFLD. No it's very unlikely to be the next NFG but that doesn't mean they won't find a significant gold discovery. They have got lots of good ground. Definitely one to own. Keep a close eye on them.
What strikes me the most in this player is the huge disproportion between their land property and market cup. They have more lands than NFG but their MC is 24(!) times smaller. What if they hit even one hole like NFG’s?