RE:RE:news
Welland wrote: I'm suprised that NFG didn't increase more after this news. Along the Appleton fault line, they have 3 areas with fantastics core results.
Yes it was a little disappointing the share price didn't do better which such phenomenal drill results. Speculators are selling and the real investors are buying because NFG has a very valuable asset. With such high grade gold intersections now within 3 zones spread along 2 km of strike length the chances of finding more zones are high. So buying NFG now is not as risky as it was a month ago.
Queensway is a rare high grade gold system with favourable geology over the entire 115 km length of the property. They will find many more zones so once mining starts NFG will be producing gold simultaneously from numerous high grade zones. Just imagine 4 or 5 gold zones similar to the Swan Zone at Fosterville producing gold simultaneously. Queensway will become the lowest cost most profitable gold mine on the planet. For those worried about the 2 billion market cap I hope I'm still here to listen what you will be saying at 5 billion, 10 billion, 15 billion market valuation. This is the big show here with this property. Many investors still don't get it but they will and it's going to happen much faster than most think. Enjoy the ride!!!