New Found Gold Corp V.NFG

US Roadshow Starts on Monday

[nozzpack]

It would be exceptionally unusual that NFG does not have a continously updating MRE for each of their main discoveries .
This is routine for most advanced discoveries , not only as a check on the assumed geological model but also what the remaining drilling priorities should be.

Further, they hired Ronnie well before Maritime acquired the Pine Cove mill and quickly signed the tolling MOU just weeks after Maritime closed the deal .

Taken together, these actions clearly point towards early mining.

That may take the form of a large bulk sample which shortens permitting time but sufficient to confirm 
grade and recovery statistics ,and  provide cash flows  without divulging resource level .

Or indeed, they may acquire Maritime as its cash flows from the HD mine would easily pay for the acquisition costs ( in equity)  plus excess cash flow funds for QW, perhaps even spinning out QW South and Kingsway to shareholders under the MAE listing .

You can bet that their major shareholders are feeling the heat of this share price retreat/ stall.

Like a cat on a hot tin roof, so to speak ..

GLTA

[Dixiedee]

are you blind deaf or dumb cause you make no scents at all the MRE mineral resource estimate will come after drilling is done or when a potential purchaser wants one the cart doesn't move ahead of the horse and go anywhere no matter how many times you say it should 

[nozzpack]

I was referring to a Preliminary  continously updating in house estimate that is usually maintained on which infill drilling can proceed or for  example, a large bulk sample designed. More or less low level Inferred. The Krieging model is fairly adaptable to such progressive estimates. A large stratified bulk sample would add substantively to sampling density towards