Post by
Flyder on Jun 27, 2021 9:19am
Appleton Fault on LAB's ground
From the Exploit's website, this claim map shows the Appleton Fault as it crosses LAB's ground. You have to zoom in pretty large, but you see that most of LAB's ground is to the west of the fault, with only a sliver on the east side. Big Vein is located just to the west of the fault.
https://exploitsdiscovery.com/area-play/
This actually bodes well for NFG as well, since LAB's Big Vein may prove that gold occurs on both sides of the fault.
Comment by
diabase1 on Jun 27, 2021 11:11am
Look at page 64 for all your faults!! https://newfoundgold.ca/wp-content/uploads/2020/08/NFGC-Technical-Report.pdf
Comment by
AUSTIN48 on Jun 27, 2021 1:57pm
As NFG shareholders we should benefit from owning 5.5 million shares of LAB. Could NFG possibly buyout LAB? My holdings are all NFG I am considering taking a small position in SIC. Thoughts?