New Found Gold Corp V.NFG

Excellent summary of Queensway Property

[megacopper]

Thanks for posting the video link below Wajac. Great summary of New Found Gold's property. You can tell these guys are the best in the industry at what they do. Amazing team and an absolutely incredible gold system with mind blowing potential. The NFG geologists can't believe what they are seeing in the drill core and some of these guys have looked at their fair share of drill core over the years. Spectacular stuff. Just wait until they get down drilling on the Queensway South property. Huge targets down their with little to no historical exploration work. And I think we are in for some pleasant surprises at depth on the Queensway North property and in between the Keats and Lotto Zones.  The New Found Gold story is just now starting to get out to the mainstream public so I really think the best is yet to come for this company and it's perfect timing with a major bull run in gold upon us. Enjoy the ride!!!

https://m.youtube.com/watch?v=iKGl1o7ONRo

[Global1966]

And you didn't  even mention Jonathon's Pond which looks like another Keats

[GoldCasino]

Regarding the Southern portion of the NFG propery, I could not agree more Mega. Denis was fairly tight lipped about the work they are now doing there but he made a few things known. When referring to the Sothern areas, Denis said "...most of the work in the public domain has been on th Northern portion of the property(Keats & Lotto)". Thus, hinting that they have a good deal of

[megacopper]

  You can tell these guys are excited. That area around Eastern Pond on the Queensway South property have several large anomalies. They have been doing a lot of ground work down there but not much has been said about it publicly. They are very close to the source of the gold because the gold grains are pristine and haven't travelled far or been eroded. That much has been stated by NFG

[GoldCasino]

You are spot on Mega!  It may take some time for people to really understand that NFG is trying to prove up a mining district and not just a single resource. NFG is unusual, rare and special. Bought back every share I trimmed a few weeks ago. 

[AlwaysLong683]

Here's my one word summary of that presentation: Wow!

[megacopper]

  If this presentation above doesn't get you excited nothing will. It's obvious that this high grade gold discovery is something very special. Extremely high grade and if you extrapolate what has been discovered at the Keats Zone down to 1000 meters and along the favourable geology of Appleton fault that stretches the entire 115km length of the property you can understand why

[Global1966]

Where do you think the share price will be based on your back of the envelope calculations?

[megacopper]

  Haha that is the 64 thousand dollar question now isn't it. I have heard some wide ranging predictions from as low as $30 to as high as $100 so I'll go with $60 by this time next year. A ten billion dollar valuation for NFG might seem a little rich to most people at this stage of the game but that is how good this gold system is shaping up to be from everything I'm hearing

[Global1966]

Yeah, I'm in the same ballpark as you given the valuations of Kirkland and NovoGold Donlin. The initial resource estimate should be an eyewatering number

[Retiredgeo]

It is far too soon to be talking ore calculations.   A better metric is market interest and this story has yet to become office chatter (few in my circle have heard about it).  Once the story catches on fire the sky will become the limit for the share price. Any gold chart will tell you that the dreaming phase gets valued far more highly than the reality phase.  A billion