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Bullboard - Stock Discussion Forum 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... see more

TSXV:NFG - Post Discussion

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Post by wajac on Feb 01, 2021 11:30am

Silver

Silver is up sharply today driven by the Reddit group 'wallstreetbets'.

An earlier NFG news release indicated a silver discovery that they would follow up on. Lots of good news to come.  

As an aside some may know that the mine at Buchans [Asargo] which produced zinc, lead and copper for almost 60 years also produced enough gold and silver to cover yearly expenses.
Comment by diabase1 on Feb 01, 2021 12:11pm
Exactly why you should ckeck out the Mary March property of Canstar Resources (ROX), right next to the Buchans Mine.
Comment by Oilseeker01 on Feb 01, 2021 12:23pm
Yes your right in January 11 new release it indicated that; Interestingly and unexpectedly, hole NFGC-20-14 returned two intercepts of high-grade silver mineralization including 253.8 g/t Ag over 2.0 m. This is the first instance of high-grade silver being identified on the Queensway property. Silver mineralization is located proximal to the Little-Powerline gold bearing structures but ...more  
Comment by megacopper on Feb 01, 2021 1:39pm
  I wouldn't hold my breath on NFG finding a silver deposit since Buchans was a VMS type deposit and New Found Gold is an epizonal orogenic type high grade gold deposit. If you guys are interested in silver along with gold in a VMS type deposit you should take a look at ESK. They have ground just south of the original Eskay Creek very high grade VMS discovery. The now Eskay Mining ESK ...more  
Comment by diabase1 on Feb 02, 2021 4:11pm
Did you say buy ESK under $2? QH is a pretty astute geologist, but he is not always right. He's only human. I remember years ago he had some thoughts on First Mining Springpole deposit. FF is still sitting at 0.40!! 
Comment by likeike on Feb 02, 2021 4:58pm
Was that before he told Sprott to look at KL and made him a billionare? Why would he want to talk about his lozers when he has a more than full stable of homeruns just like no one wants to be kept reminded about his ex or Last Mining Buthole   IKE
Comment by diabase1 on Feb 02, 2021 6:07pm
Yes. You're right. Why would he.
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