RE:better listen up
Dr. Quinton Hennigh is very excited about NFG as he should be. He touched a little on the rich valuation of NFG at such an early stage of exploration but I liked his explanation that basically you should end up with a lot of high grade ounces near surface which makes it a rare deposit. It will take some time as he pointed out but with 8 drills turning there will be a steady flow of drill results over the next year. A year from now I suspect NFG will have a valuation well north of one billion dollars given the special nature of this discovery.
Meanwhile if anyone is interested in another high grade mineral discovery at the other end of the country in BC you should take a look at ESK that Dr. Quinton Hennigh is involved with and is equally excited about its prospects as he is with NFG. I get the feeling ESK will soon enjoy a share price in the $3 to $5 range similar to NFG as they release more drill results in the next week or two. These discoveries by NFG and ESK are rare due to the very high grade gold they are finding. As a result the market reacts quickly and will send them to rich valuations early on in the discoveries because they will become sought after deposits of the major mining companies because they are rich and most likely very large multimillion ounce gold discoveries that the big gold companies really want to own. Both NFG and ESK will be making headlines in the mining world throughout the year in my opinion so enjoy the ride. Two good ones to own for the next couple of years.