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

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company 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 a approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > Minex consulting - Tiers
View:
Post by Evenkeel123 on May 17, 2024 4:15pm

Minex consulting - Tiers

So here is how tiers shape up from Tier 1 to Tier 4.  I bet most of you have never heard of the mines mentioned as examples in this article.  I also bet you longs all think you have a tier 1 here.  No way.
It might be a tier 2 IF the grades are right, but costs are going to very high.

https://minexconsulting.com/definitions/tiers/#:~:text=Tier%201%20deposits%20are%20%E2%80%9CCompany,quartile%20of%20the%20cost%20curve.

GGG - for your weekend reading pleasure.

EK
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