Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company also owns a 100% interest in the Kingsway property, which consists of 264 claims on three licenses covering approximately 77 square kilometers. The project is located approximately 18km northwest of the town of Gander, Newfoundland. The Company is undertaking a 650,000-meter drill program on Queensway. It has royalty interests underlying Keats South and several additional zones in Queensway.


TSXV:NFG - Post by User

Bullboard Posts
Comment by BlindBoyon Sep 12, 2020 2:43pm
213 Views
Post# 31548656

RE:RE:RE:RE:What Rob McEwen Looks for When Investing in Juniors

RE:RE:RE:RE:What Rob McEwen Looks for When Investing in JuniorsOf course, there are usually additional mines that get discovered in the aftermath (whether that be shortly thereafter, or decades later) of an original discovery, but they almost always share the same trend as the discovery event, or at least share some sort of similarity in geological rationale.
NFG's discovery hole was the greatest intercept I've ever seen reported during the many decades I've dabbled in the resource markets, so I agree that almost certainly there will be additional discoveries. 
But it won't be a matter of just throwing darts at a map, and seeing what comes close to hitting the discovery location, paying no heed to trend or geology.
Probably over 90% of junior miners end up fulfilling Mark Twain's definition of a mine: "a hole in the ground owned by a liar", because that's pretty much their battle plan, assisted by their ever eager and assertive boiler room pump and dump operatives.
Bullboard Posts