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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

New Found Gold Corp > Connecting Keats to Lotto.....?
View:
Post by AlwaysLong683 on Jun 23, 2021 10:29am

Connecting Keats to Lotto.....?

I'm wondering if we may eventuallly witness a geological miracle where, if Keats is in fact open to the north and Lotto is open to the south, NFG is able to hit outstanding cores along the 2km path between the two and connect them as one huge zone - think of the value of just this small section of NFG's total length of strike along Appleton in which an enormous open pit, extremely low AISC, high margin, high annual production mine is put into operation....?....Of course this would be a best-case scenario, but it really does boggle the mind......
Comment by megacopper on Jun 23, 2021 11:26am
  I have often wondered if these high grade zones are connected or are they offshoots from the main Appleton fault. I guess time will tell but it's certainly looking like they are connected somehow. These high grade zones almost look like they run parallel to the Appleton fault near surface but eventually they plunge and undoubtedly connect with the Appleton fault deeper down. The ...more  
Comment by Flyder on Jun 23, 2021 12:01pm
Kind of interesting how the share price isn't as excited as some others are about today's news.  What gives?  This is a high grade hole that is proving up that there is certainly gold at Lotto, 2 km from Keats, along a significant structural fault zone that may host several more Keats-like zones along it.  I always thought that one good hole at Lotto would make this stock ...more  
Comment by AlwaysLong683 on Jun 23, 2021 1:49pm
If by some stroke of luck the Keats-Lotto connection is made, I suspect NFG may divide up the runway into open pit sections starting with Keats and moving northward after each portion is exhausted. Then, like Fosterville, they can drill deeper for potential extremely high grade underground mines that can be developed (this stage is where KL entered the picture and bought Newmarket Gold, which, as ...more  
Comment by BlueChipper2020 on Jun 23, 2021 1:54pm
I actually do not think many of us are hoping for any "stroke of luck". I really do not care if Lotto is neccessarily connected to Keats. Doesn't have to be. More likely scenerio is what I said in an earlier post. I also do not speculate for the fun of it. Waste of my time.  1. Will NFG have deposits in multiple zones, starting in Queens north? 2. Keats and other zones will go ...more  
Comment by AlwaysLong683 on Jun 23, 2021 4:40pm
BC If you don't like reading posts that imagine what might be, that's OK - to each his / her own - you can even put me on ignore if it really bothers you that much. But I've got news for you. If you are investing in junior gold exploration-stage companies, you are speculating by definition whether you realize it or not - especially if you own shares of Newfoundland juniors other than ...more  
Comment by BlueChipper2020 on Jun 23, 2021 5:39pm
Seems lilke you spent a lot of time and research typing that one up and wasting your time. I think I know a bit about junior mining and you missed the entire point of my post. You do not know as much as you think if you imagine and speculate about an open pit between Lotto and Keats.  BC 
Comment by likeike on Jun 23, 2021 6:42pm
BC like I have told Megacopper and GGG put him on ignore like I did a couple of months ago. He knows nothing and is a used car salesman just peddling his ideas as he cannot be wrong IMHO IKE
Comment by BlueChipper2020 on Jun 23, 2021 7:09pm
Done BC
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