Post by
Malpeque2 on Nov 15, 2022 10:33am
Hey Cliff
You have made your point. Why Flog a dead horse? I have been negative on NoF&8kingGold for about over 1 year now. The resource has not grown much in 1 year and the CASH has shrunk with the drill programs. As has the future opportunity set of locations. Lotto North recent add looks smallish at 1-2 meters width at good grade, but down fairly deep. So it doesn't move the needle much either.
The company market cap has shrunk in the past year, into the number of ounces, as the number of ounces has not grown....or bairly grew.
I am interested to know how big do you think this resource is? Show your assumptions you have made to come up with a number, not just a number. Thanks.
Comment by
CliffBooothe on Nov 15, 2022 10:37am
Crux has run the numbers and they are the experts on things geology. Ive never pretended to be a geo unlike Gotretired. Crux says under 1 m ozs. Read the report if you havent. They also think those 1m ozs arent even economic. But dont tell anyone. Clifford