Interesting comparison.......In his report last week Luke Burgess, Editor of the Junior Mining Trader, compared NFG to Aurelian Resources who owned a high grade project in Ecuador in 2006. After releasing impressive drill results, shares of Aurelian went from 70 cents to just under $40. Some of the results that caught the attention of investors were:
38.6 g/t over 10.5 meters
97 g/t over 14.8 meters
149 g/t over 11.5 meters
24 g/t over 189 meters
It was this last hole (CP-06-57) that sparked the rally and caused Blackmont Capital's Don Poirier to remark, "This is one of the best drill hole results we have ever seen. We are excited about this new discovery, believing that it represents one of the best in the past decade." Even though Aurelian went on to report even better drill holes, it was CP-06-57 that put Aurelian on the map and the company would eventually go on to be bought out by Kinross in a $2.1 billion deal! Luke Burgess believes NFG has all the makings of another Aurelian and will be the #1 gold stock of this decade.
The rich get richer, eh Eric.......!