RE:RE:RE:RE:RE:NYSE listing
toller1 wrote: I stand by what I said there. It would be a much quicker pay day if they would sell after they drill out 600k meters or so. But I feel now they are serious about developing a mine in many stages. They may even entertain a major as a partner. I am 65 yrs young, probably not a lot of blue sky ahead of me. That's just where I'm at if you know what I mean.
Fair enough. Everyone's situation is different. But I think you will see things develop much faster than you think with regards to a mine. NL govt is fast tracking mines in this province for anyone who wishes to begin a mine. Very mining friendly environment. Eric Sprott is in his mid 70's and he has been investing heavily in this company right up to $12.85 a share. I think NFG has lots of upside short term and long term.
The talk around town is NFG is continuing to hit lots of visible gold in drill core just like they have since day one on this property. It's hard to keep things quiet with so much butter staring you in the face. This is an incredible gold system. Some of the very best gold intersections on the planet at Queensway. Nobody can disagree with these facts. I still feel the best is yet to come with regards to drill results. I suspect you are seeing a turnover in the stock right now from speculators to more long term investors. These astute investors realize that Queensway is a high quality asset and once it goes into production the profits will be absolutely huge. Just think 3 or 4 Swan Zones (Fosterville) producing gold simultaneously all near surface. I don't think I need to go into details of the mind blowing numbers with that scenario.
For anyone that doesn't get it they still have two or three weeks to try and figure it out. Keep doing your due diligence. Read up on the high grade zones at Fosterville and it will give you a sense of what NFG has at Queensway except it's all near surface and there will be many many more high grade zones. They already have 3 zones with 15 more targets and not just near the Appleton Fault. Lots of butter near the JBP Fault as well and it's over 12 km long. The cheap shares below $10 will be running out soon enough.