New Found Gold Corp V.NFG

The Clock is Ticking

[TheGreekGoldGuy]

Thirteen days and counting. It's going to be most interesting to see how New Found Gold's Geologists and graphics department share the Seismic results with investors. 

New Found Announces Completion of 3-D Seismic Survey on
August 21, 2023.

newfoundgold.ca/news/new-found-announces-completion-of-3-d-seismic-survey/


GGG here, the shorts have every reason to be nervous. 

[Gangsterme]

Question in my mind, will they announce seismic results alone or, with more emphasis on how this will influence future drilling . Too bad the core analysis is still so far in arrears. Anxious for first core results based upon core drilled based upon where the seismic determined the most promising veins both in grade as well as dimensions.

[TheGreekGoldGuy]

It's possible that NFG will release the Seismic Survey results by the zone. This could be done at the same time with new tagreted Seismic drill results. This could happen within the next two months, if not sooner. Hopefully down the road, NFG will be able to use the Seismic survey results to expose if the various zones are tied together, along with the deep sources. These are trhe graphics

[Dixiedee]

I personally think they will drill a couple of holes based on the interpretation of the 3 D siemic survey  before releasing any extended comments on what they will be doing with this new tool reason I think this is they need to show that it has actual results and not just talk about how great this new tool is in helping them guide the drill bit once this is proved to be acturate in guiding

[TheGreekGoldGuy]

After receiving the results of HeSeis Seismic Survey, NFG will have numerous options to consider, on how to proceed. As an example, they could take trhe imaging from the Keats main zone, to identify new high value targets and attempt to expand the large resource found there. The same could be done at Keats North, Iceberg, Goilden Joint  and Lotto. It is possible that NFG will immediately try

[Gangsterme]

Not to mention the 1500 or so metres deep that has yet to be explored. They could proceed to extending some of the existing drill holes. Assuming deposit does extend to this depth, the amount of ore would be several times what has been discovered so far. Even if the seismic study shows that this is likely the share price will increase significantly.

[Gangsterme]

I see an early Christmas present coming.

[Dixiedee]

  I think that will be the plan on the 1st few holes drill existing holes to depth where the siemic survey points to gold at depth 

[Dixiedee]

I should of said the potential for gold the siemic survey just images the different layers and they compare those images to know areas that they copied into the survey so if it is similar images it has the potential to have similar or even better results great to be an nfg shareholder in these exciting times as this development unfolds 

[Daugaard]

Amazing results 

[nozzpack]

There are very good methods such as DCIP and electrical resistivity tomography which are very useful useful to detect the near surficial mineral resource with high resolution. However, Seismic is a very useful method to study the deep structure based on the elastic impedance contrast of the rocks with different lithologies.  In other words, Seismics will be very useful in understanding

[Dixiedee]

Sprott would not be able to use information that hasn't been made public or that would constitute insider trading on insider information.It is more likely he is just confident in what is to come and buying  he has been a continues buyer on any dips below the 52 week high on a regular basis .He has said on many occasions that he felt the stock was very cheap at these prices and he has put