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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 > fwiw, here's my simplified math
View:
Post by cyberman on Sep 27, 2021 10:39pm

fwiw, here's my simplified math

based on recent discussion from Mark Bristow, Barrick; start about 2:25 to 5:10 for shorter version.
 
https://www.youtube.com/watch?v=4T5-XL4BJi8

(this was posted a few days ago)

cough up 5m oz, become Tier 1 worthy, then they are interested.
 
(whereas in the bottom 1/2 of cost curve, able to produce 500,000oz yr for 10 years)

current operating mines are always exploring, expanding and adding resource.

mmKay ?
 
Comment by cyberman on Sep 27, 2021 10:43pm
and i am not disagreeing that there is plenty more value to be had, but let's start somewhere. quote=cyberman] based on recent discussion from Mark Bristow, Barrick; start about 2:25 to 5:10 for shorter version.   https://www.youtube.com/watch?v=4T5-XL4BJi8 (this was posted a few days ago) cough up 5m oz, become Tier 1 worthy, then they are interested.   (whereas in ...more  
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