New Found Gold Corp V.NFG

The New Found Gold Story is just starting

[TheGreekGoldGuy]

It’s amazing how many posters on the various message boards have not taken the time to actually study and compare the Geology between Agnico Eagle/Kirkland Lakes Gold orogenic gold system at Fosterville,  to New Found Gold’s similar orogenic gold discovery at Queensway. New Found Gold is finding new zones and making high grade intercepts at a phenomenal pace. It’s astounding that some posters have difficulty assuming that NFG has already found more than 5 million ounces of gold. The reality is, that it is quite easy to assume that they may have more than 10 million ounces, after their exploration is complete on their 16 newly discovered shallow zones.  These same people also try to diminish the fact that NFG has already discovered 347 Bonanza grade shallow gold intercepts.  Because of the shear size of New Founds Golds discovery and large amount of unexplored land, it’s highly likely that NFG could actually have 2, 3 or even over 4 Fosterville stories ahead of them. Will the Seismic Survey tell the rest of this story for NFG?  The truth of the matter, it doesn’t matter, because NFG has most likely already found more than 10 million ounces and counting, of  some the cheapest to mine gold in the world. But if NFG does find the deep source for its gold, that number could change to multiples higher.  New Found Gold is letting their drill bits do the talking for now and the bits are screaming results out so loud, that the entire mining world is hearing them. 

 

GGG here, don’t get fooled by the negative rhetoric, just go back and research the Fosterville story. BTW, It's really nice to have the bashers on ignore. 

[lowlygeo]

Gee it could be 20 miliin ounces but who knows because there is no resource. I will gurantee you none of the groups that you cited drilled in excess of 300,000 metres and not produce a resource. Never mind resource, not even a mineral inventory..Read their 43-1010 and have a look at the intersections. Particulary the widths and the geometry of some of the zones.

[Global1966]

Great Bear Resources. 340,000 metres of drilling and no announced resources. Taken over by Kinross for under $2 billion. NFG has more than GBR, much much more and higher grade.