New Found Gold Corp V.NFG

Valuation

[Global1966]

Interesting to know how the market is pricing NFG. Are there any experts out there to give us a view on this

[megacopper]

  I'm no expert by any means but I've been playing the mining juniors for about 30 years. So based on my experience and I've watched several big buyouts over the years I'm comfortable giving NFG a 3 billion dollar valuation at this stage of the game. And I base that on a lot of different things but mainly I base it on the extremely positive drill results that NFG has

[Global1966]

Thanks @megacopper. The numbers are so exciting yet scary at the same time. 

[AlwaysLong683]

I found a chart from mining.com presenting the lowest cost gold mines in the world in Q1 2019 (and Q4 2018 for comparison purposes). The Fosterville mine ranked #1 in the world at $332 in Q4 2018 and an even lower $315 in Q1 2019, and it wasn't even close as #2 ranked Mt. Carlton came in at $604 and $484 respectively. The global average was $988 and $1,000 respectively. As has been

[AlwaysLong683]

The "Dare to Dream" scenario at Keats may be: First, a very high-grade open pit mine similar to Mt. Carlton (see #2 on the chart referenced in my previous post on this thread). Followed by a very high-grade underground mine similar to Fosterville (#1 on the chart referenced in my previous post). If NFG can produce assay results in other areas on their property even remotely close to