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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

Metals & Mining Gold
New Found Gold Corp. is a Canada-based mineral exploration company. The Company is 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 an approximately 1,662 square kilometers area, located about 15 kilometers (km... see more

Bullboard (TSXV:NFG)

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Post by shiftyoneon Oct 04, 2024 7:04pm

The price of gold went up $1100 Cdn in the last year.

Where would the price be if that had not happened? I was sold on this project.  Suggested to my son that he buy it for a long term hold. But there is some real disconnect here.  Something ...more  
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Comment by Gangstermeon Oct 04, 2024 5:47pm

RE:RE:NFG reserves

Love to have you explain this to me! Where did the $4.75 come from?
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Discussion
Post by Jeaniuson Oct 04, 2024 5:10pm

Hurts?

50 cents will hurt more.  Bucc
26
Comment by nozzpackon Oct 04, 2024 12:15pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Global, there is one major difference

https://www.sec.gov/Archives/edgar/data/1713443/000106299317003541/exhibit99-26.htm
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Discussion
Comment by alwil106on Oct 04, 2024 11:02am

RE:RE:RE:RE:RE:RE:RE:RE:RE:Global, there is one major difference

I don't recall going back further than 2016 or anything about Fosterville had 2.8 m ounces in its MII categories at an average grade just above 4 grams per ton.
45
Discussion
Comment by nozzpackon Oct 04, 2024 10:33am

RE:RE:RE:RE:RE:RE:RE:RE:Global, there is one major difference

Correct. Folks forget ..but which you have pointed out..that at December 31 of 2015...just before the Swan Zone was discovered underground , Fosterville had 2.8 m ounces in its MII categories at an ...more  
54
Discussion
Comment by alwil106on Oct 04, 2024 10:18am

RE:RE:RE:RE:RE:RE:RE:Global, there is one major difference

Nozz if your calculations are correct of 14 million ounces for all the Keats and Iceberg zones, even if the area is about 3-4x greater than the Eagle and Swan zone the mineralisation footprint should ...more  
72
Discussion
Comment by nozzpackon Oct 04, 2024 9:44am

RE:RE:RE:RE:RE:RE:Global, there is one major difference

In terms of gram meters, these Swan Zone intercepts are about the same as those early top 11 intercepts provided for QWN . Confirmation that QWN is in the elite league with respect to its drilling ...more  
65
Discussion
Comment by alwil106on Oct 04, 2024 8:33am

RE:RE:RE:RE:RE:Global, there is one major difference

this is what I meant to insert. TORONTO, Sept. 19, 2018 (GLOBE NEWSWIRE) --   •  Infill drilling at Swan Zone (“Swan”) continues to return ...more  
68
Discussion
Post by nozzpackon Oct 04, 2024 8:29am

By QWN Prospect, Estimated Ounces using Volumes drilled

A very simple method based on volumes drilled for V Lake 3 pits  and Goldboro 2 pits as provided in their FS, divided by total meters drilled within those pits , giving  the FS drilling rate ...more  
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Comment by alwil106on Oct 04, 2024 5:03am

RE:RE:RE:RE:Global, there is one major difference

The upper drill results were not what was suppose to be or remarkable, I can't now seem to be able retrieve them.
51
Discussion
Comment by alwil106on Oct 04, 2024 2:55am

RE:RE:RE:Global, there is one major difference

Patient1nvestoron Fosterville Swan zone NI 43 101 Technical Report April 1 2019 taken from map total drill intercepts, Gram Meters came to 15000 g/m reserves of 2.34m oz, up to this time the grades ...more  
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Discussion
Comment by Flyby1969on Oct 03, 2024 8:55pm

RE:Blademaster with his bravado disappeared

You poor thing. Got kicked for a couple of days off of ceo.ca. That's like three times since the weekend before last. You're on a roll shorty. 
46
Discussion
Comment by shiftyoneon Oct 03, 2024 5:26pm

RE:NFG reserves

Sprott was a big player in the last financing at $7.25 per share. But they were flow through, and also a charitable donation tax deduction.  So it actually only cost them about $2.50 a share ...more  
115
Discussion
Comment by alwil106on Oct 03, 2024 3:27pm

RE:RE:Global, there is one major difference

These are some of the higher grades for NFG 1. 3761.83 gram meters NFGC 21-182 2. 2848.90 gram meters NFGC 23-1210 6/ 5, 2023 at Iceberg 3. 2812.15 gram meters NFGC 20.59. 4. 2261,28 gram meters NFGC ...more  
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