RE:RE:RE:RE:RE:RE:Updated drill results listGood post Always Long.
I recently purchased a book called Investors guide to JUNIOR GOLD by Bernie Roseke. For those of us that need to be better informed re JR gold stocks ,this book is excellent. Easy read in laymans terms. One example : he talks about economical deposits
Grade gms per ton XLength (m) greater than 200 constitutes an economic drill hole .This number can be increased or reduced depending on afew factors i,e, if infrastructure (roads ,Water, Power) is within a few kilom.you may subtract 50 points.Also political and environmental should be looked at.
Bottom line NFG would be a major winner I would probably value it at least $30 to40 on a buyout or $100 to200 as an eventual producer. I myself being long in the tooth would prefer the buyout while those much younger with lots of patience would prefer that NFG hang in for the long haul 5 yrs min.
book can be purchased on Amazon around $20