New Found Gold Corp V.NFG

A post regarding NFG by Snidley on CEO to Suregold

[Evenkeel123]

 

@Snidely @Suregold I don’t know if Queensway is the next Fosterville. I can see the similarities and why people make the comparisons. But to say that Queensway will be just like Fosterville, is like saying that you know how some girl will be like after 10 years of marriage after dating for a month. Even if all indications may be excellent in the early courtship, there are plenty of rough waters to be waded through. So there is nothing so far to suggest that NFG will not be the next Fosterville, but in order for it to get there, there are many things that still need to fall in place. There are the geological conditions of the property first. There is a great slide in the most recent deck that overlays the Queensway discovery over the Fosterville discoveries. While it effectively demonstrates that Queensway could be barely scratching the surface as it continues to explore at greater depth, that unknown area also creates uncertainty. There are political uncertainties, access to capital, market forces, individual/management error, and so on. So you are right, NFG is not a sure thing, but so far in the courtship, it is the surest bet I see to be the next Fosterville as it checks all the boxes that could be checked this far into the process. That is how I see it.
@Snidely @Suregold I don’t know if Queensway is the next Fosterville. I can see the similarities and why people make the comparisons. But to say that Queensway will be just like Fosterville, is like saying that you know how some girl will be like after 10 years of marriage after dating for a month. Even if all indications may be excellent in the early courtship, there are plenty of rough waters to be waded through. So there is nothing so far to suggest that NFG will not be the next Fosterville, but in order for it to get there, there are many things that still need to fall in place. There are the geological conditions of the property first. There is a great slide in the most recent deck that overlays the Queensway discovery over the Fosterville discoveries. While it effectively demonstrates that Queensway could be barely scratching the surface as it continues to explore at greater depth, that unknown area also creates uncertainty. There are political uncertainties, access to capital, market forces, individual/management error, and so on. So you are right, NFG is not a sure thing, but so far in the courtship, it is the surest bet I see to be the next Fosterville as it checks all the boxes that could be checked this far into the process. That is how I see it.