RE:RE:Muted reaction from market on great drill results
TheGreekGoldGuy wrote: Megacopper, the Greek believes that the market doesn't understand the geology involved in the NFG discovery. It's KL's Fosterville on steroids. At the conclusion of NFG's 400,000 meter drill program, they could podsibly prove up to 5 million oz or more gold and we are only talking about Keats, Golden Jopint and Lotto. It's obvious that investors do not undewrstand Q.H.s Burrito explanation and that NFG is just unraveling the upper limits of their formation. At some point in the near future, Major Miner's will come knocking on NFG's door. Maybe NFG is not quite irresistable just yet, but with 14 drills cranking, it's only a matter of time.
The Greek here, most investors will soon be realizing that they missed the boat on this one.
Yes I think you hit the nail on the head GreekGoldGuy. As the Rock Doctor often says you can't beat grade and this gold system has excellent high grade gold throughout all three zones. And what short memories we have. it was only back in January that NFG hit the spectacular intersection below on the Golden Joint that is about 1 km north of the Keats Zone. 70 g/t over 5 meters is an incredible gold intersection.
NFG consistently releases holes greater than 100 gram meters throughout the property and your list certainly remind us of that I think our NFG investment will do very well. The market just needs a little more time to digest what we already know. NFG's Queensway property is a world class high grade gold discovery.
- At the Golden Joint Main Vein, the interval of 70.65 g/t Au over 5.25m in hole NFGC-21-386 extends the drill-defined depth of high-grade gold by approximately 50m vertically from 235m to 285m deep. This vein is developed in the hanging wall to the Appleton Fault Zone and has been drill-defined over a strike length of approximately 250m that remains open in all directions (see Figure 2).