RE:RE:RE:RE:RE:RE:"Jewelry Boxes Defined"Snidely wrote: This was pretty early on in my looking into NFG and all I was hearing was resource estimates all over the place and every one was either like "This is going to the moon!" or "This is the most overvalued gold stock ever!" So I put this together just to give myself a sense of what was there and what a reasonable value might be. I came away from that thinking that Keats Zone and surrounding area probably supported the market cap on its own but that the high grade resource was probably not going to be in the high double digits in each of these jewelry boxes... but that the AISC was so low that it didn't need to be.
So that was good enough to satisfy my concern and curiosity. Not going to be that accurate, but gave me a good rough framework to work from.
As QH keeps saying, these are the branches. We need to locate the tree trunk. Very early days.