New Found Gold Corp V.NFG

Lassonde curve

[Retiredgeo]

NFG will be in the exploration phase for many years to come.  During the exploration phase it will go up and down with the drill results.  It will probably be bought up long before the development phase.  

The share price peak of last summer wasn't the top of the Lassonde curve.  It was just an exploration peak and should be regarded as such.  The peak fizzled because of problems within the assay industry followed by the BS with the assay results.

[GGGsOldFriend]

The Lassonde curve is fine. But like any diagnostic or predictive tool, it can't work on everything or under all circumstances. NFG is very quickly establishing millions of inexpensive to mine ounces. If, as I suspect, the price of gold appreciates substantially over the next couple of years, while NFG simultaneously grows its easily accessed, "safely stored" gold reserve, I think

[likeike]

GGGsOldFriend I totally agree any Lassonde curve trade will leave you empty handed in this stock. It is just a tool and a very useless one in this case. Very inexpensive ounces are mounting up and as too many have not figuired out this is a  once in a lifetime play that will leave most investors stunned in the end saying shoulda  coulda woulda.It has been told to their faces by the

[DanWarren]

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[megacopper]

      NFG could hit $100 a share someday if they continue to find more jewelry boxes and put this property into production themselves. If we imagine for a moment that NFG does prove up somewhere between 5 and 10 million ounces of gold and the price of gold ends up at $3000 an ounce or higher and they put Queensway into production at 500k ounces a year. Bingo you will have