New Found Gold Corp V.NFG

RE:RE:RE:Connecting Keats to Lotto.....?

[AlwaysLong683]

BlueChipper2020 wrote:

I actually do not think many of us are hoping for any "stroke of luck". I really do not care if Lotto is neccessarily connected to Keats. Doesn't have to be. More likely scenerio is what I said in an earlier post. I also do not speculate for the fun of it. Waste of my time. 

1. Will NFG have deposits in multiple zones, starting in Queens north?
2. Keats and other zones will go very very deep 

The answer to the above is more likely than not (>50% and you pick a number). That is all I need. No need to speculate or hope for anything. 

BC

BC

If you don't like reading posts that imagine what might be, that's OK - to each his / her own - you can even put me on ignore if it really bothers you that much. But I've got news for you. If you are investing in junior gold exploration-stage companies, you are speculating by definition whether you realize it or not - especially if you own shares of Newfoundland juniors other than NFG, which are even more speculative at this point in time.

These juniors aren't the same as CNR, BCE, FTS, etc. that have provided shareholders with steady cash flows, regular dividend increases etc. with some capital gains tossed in for good measure and will likely do more of the same in the future. Rather, junior mining stocks are high-risk plays where even the asset itself (i.e., gold) isn't known in terms of quantity, grade, etc. until after the fact.

Now, of course analysis of a junior is necessary if you are considering investing in these types of companies and you decide on the likelihood a given company will pay off. Based on my objective analysis, I determined that NFG was the only company in Central Newfoundland that fit my risk appetitie and was the most promising going forward, but it was still speculative by definition due to the level of uncertainty that comes with the territory when investing in junior exploration-stage stocks. I'm betting that, given the facts to date, NFG has a much longer runway to go in terms of outstanding cores, but there is still a significant amount of uncertainty as to exactly how much more. Speculation goes with the territory in the junior gold exploration sector works (with some companies yet to even pull a core or present results that warrent their current market cap being particularly speculative), and you should know that if you're already invested in such companies.