RE:NFG
Blazentownes wrote: New Found Gold is likely the most attractive gold exploration project in Canada.
Located in one of the best mining jurisdictions in the world, 15 minutes from the Gander Airport, beside the Trans Canada highway. Backed by some of the best in names in the mining industry. Bonanza high grade intercepts to date, that caught Eric Spotts attention. Drill core that looks very similar to the core from KL Fosterville mine, the most profitable mine in the world. Massive land package along the faults. High grade, close to service. 400,000 meter drill program underway.
Loaded with 130 million in cash.
9 drills going. 1 off site for repair. 4 more coming early next year. Over 30000 meters of core to release assays on. The use of Chysos photon assays coming next year. And the resumption of fire assays. 2022 is looking very good for New Found Gold.
For all the reasons you state above I would rate NFG a very strong buy. I think it should be a core holding for all gold portfolios. Buy it now and be apart of one of the most exciting high grade gold discoveries on the planet.