RE:RE:NFG has a rare extremely high grade gold discovery
AlwaysLong683 wrote:
Mega, not sure if you made these comments in response to my post earlier this morning...?
Nonetheless, allow me to clarify my position:
1) I think NFG very likely has a world-class mega-zone on their hands at Keats / Lotto / Golden Joint, and Queensway could very well turn out to be Fosterville on steriods (as I've mentioned in the past) given that NFG has been pulling these fabulous cores near-surface.
2) My post was simply in response to those making excuses for NFG as to why they haven't released assay results recently........I highly doubt it's because the labs are extremely backed up or NFG has be abide by "news blackout" periods due to various events.......Rather, I think it's far more likely NFG has been receiving assay results while LAB and SIC were getting theirs. However, while LAB and SIC were issuing press releases highlighting their best core(s), NFG may have chose not to do likewise because NFG's results may have not been impressive enough in their view..........
Answers to the questions I posed in my previous post on the issue would help clarify things......
No my post was just my general feeling about the project. Sometimes it takes the market awhile to catch on to certain things and Eric Sprott stated this in his recent video talking about his investment in Kirkland Lake and how it took so long for the market to see what he saw long before anyone else. You can't beat grade. The profits soar with grade.
I think you guys are reading too much into this slow period with NFG and it is only speculation as to what is going on. It's only been two months since the last set of assay results. I think we will get more assay results in September. Just a little longer and we will get more positive drill results. Maybe they will only get 50 g/t or 25 g/t this time around instead of 125 g/t. Lol. Investors have been spoiled with great assay results from day one on this project. This is as good as it gets for an early stage gold discovery.
Just so everyone understands anything above 10 g/t is considered high grade gold. And this stuff NFG has hit in the 100's of g/t is absolutely mind blowing. There are very few examples of it on the planet especially with intersections up to 25 meters. It is extremely rare. It will be difficult to continuously hit stuff like that but who knows for sure. They have intersected mind blowing intersections on 3 separate zones now spread over 2 km so if anyone thinks that is all the gold they will find on this property you must be smoking some weird stuff. The favourable geology goes right along 70 km of strike and goes down in the earth's crust 2 or 3 km. They will find a whole lot more.