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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. The Company is 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 an approximately 1,662 square kilometers area, located about 15 kilometers (km... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > So here's the scoop...
View:
Post by RazorRamone777 on Aug 17, 2022 3:28pm

So here's the scoop...

I heard  some time ago that not only were the labs very slow with results, BUT the results the company was getting were not complete. They would get so many meters from this hole and so many meters from that hole, a real dog's breakfast. It looks to me that the company is holding what they have in any peticular area until all the holes in that area are complete, then releaseing them. Under the circumstances, I agree with this approach.
Comment by Retiredgeo on Aug 17, 2022 4:08pm
There is no logic to assaying all of that barren sedimentary rock.  Only the gold veins need to be assayed. Assay labs will not break up holes unless samples are outright missing! I see no pattern in their releases.  Anything from 1 hole to 56 holes will do.
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