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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises a approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company is undertaking a 500,000-meter drill program at Queensway.


TSXV:NFG - Post by User

Comment by likeikeon May 03, 2022 6:05pm
98 Views
Post# 34652934

RE:RE:RE:RE:RE:RE:RE:RE:RE:Larisa Sprott

RE:RE:RE:RE:RE:RE:RE:RE:RE:Larisa SprottHum....If you had all the money and TIME in the world you would do mineable resource study 

which after a couple of years would then lead you into a pre-feasability study whch would 

give you a better understanding of the metalurgy and another 5 million to outside parties 

and another 2 years wasted...then finally would do a feasability more like 3 years with 

actually calling the mining engineer companies to contract equipment (sometimes even

building mine shafts). This is when you let banksters and the like call the shot on your 

resource so they can extort more money from you as they have the loan outstanding.

This is entirely erronous in this case.

Fosterville was up and running 3 years as clearly defined small resource with very high

grade.It has been running now 6 years(?) with no 43-101 and they still do not have a 

defined resource. I know a Columbian company that has never defined more than 2 years

of resource and running quite well. Regardless these epizonal orogenic structures are 

very well defined and CONSISTANT. 

Suregold1 look up the resource calculation for Fosterville ....they do not have one.

No, disagree, you will need a full mine feasibility study 

As for this we have the blue print called Fosterville and please will you look at the board.

Doug Hurst started Fosterville to a mine and tell me why he sits on NFG board.

If you could give me the correct answer why he has sat on this board for nearly a year

and barely made a peep I would be grateful.

Spin me another of your conspiracies PLEASE Ike


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