Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 nozzpackon Jul 02, 2024 10:42am
78 Views
Post# 36114342

RE:The usual path to production

RE:The usual path to productionThat same BS fails to impress anyone anymore ...

Surely, you know that NFG have their own implicit 3 D model continously being updated as new data are received .

Their drilling data is the same as I used except that they can quickly arrive a resource estimate by using their algorithmic Kriging model 

Its much more sophisticed than my analyses , as ttey will use grid block sizes appropriate to the drill sampling density  , a parameter that I do not have but suspect that it will match at least an Inferred MRE .

The outcome will in all probabikity exceed my estimates , given expressed bias 

GLTA
<< Previous
Bullboard Posts
Next >>