RE:45 Feet approaching 2 oz's per ton Gold Drilled
lithomon wrote: EastCoast, I think the high grade drill results will continue throughout with great frequency which is one of the key reasons there was no hesitation for Eric Sprott to open his wallet and make the $15 Million investment at $5.25 a share.
I have been around here from time to time since the IPO.
See you at $10.00. Eric knows it too. He's likely already chatting with Makuch of Kirkland Lake Gold and lining up the next rising tide for New Found Gold & Newfoundland's Great Gold discovery.
Do you think Kirkland Lake will buyout New Found Gold? I have thought of that scenario since the Queensway property and specifically the Keats Zone would be a perfect fit for them only mining very high grade gold deposits. The Queensway is a high value asset so it would take a major like Kirkland Lake to be able to buyout NFG for at least one billion dollars. I am hopeful it ends up being several billion but only the drill results will determine if that happens.