RE:RE:RE:Drilling NFG
Gangsterme wrote: Thank you for the utube video it does explain why they might not need actual assay results before determining where to drill next. This however opens another angle of questions. Anyone that sees the cores has inside info. Good if lots of visible gold and poor if none. I wish I could make investment decisions after seeing any of the core....just saying.
Well New Found Gold has consistently put out videos of the visible gold in the drill core going right back to the very first discovery hole with 19 meters of 93 g/t gold when the stock was trading below $2 so it's not like anyone was in the dark with this discovery. NFG management has been transparent right from the beginning and Dr. Quinton Hennigh gave several excellent talks on the geology and gave great explanations as to why he thought the Queensway property could host the next Fosterville high grade Swan and Eagle Zones. He said the drill core was identical and NFG had pics of Fosterville drill core next to Queensway drill core on their website from day one when they went public. It hasn't been any well kept secret that's for sure. I even went over on the Kirkland Lake board and told them NFG had found the next Fosterville and they told me to get lost and said I was nuts. Lol
So NFG management has been 100% honest and open about the potential of Queensway right from the beginning about this discovery and its similarities with Fosterville. It was up to investors whether they believed it or not. I think the old saying "you can lead a horse to water but you can't force him to drink" would apply in this instance. I have been telling anyone who would listen about this discovery but you know you can't fix stupid. Some people just can't get it through their thick skulls. Lol I was being told by people I know that the market cap was too high on NFG when it was $2 $4 $6 and so on and so forth. I kept buying right along with Mr. Sprott. I can't wait to see the look on their face when NFG is trading between $30 and $50 the end of next year. And perhaps $100 plus in 5 years when it's in production.
These guys haven't discovered a couple high grade gold zones that start 800 meters deep like at Fosterville. New Found Gold has discovered several high grade gold zones in only one year of drilling that all start near surface with dozens of other high grade targets ready to be drilled. I really don't think the market even understands it yet the implications of producing high grade gold simultaneously from several of these zones all at once.
NFG at Queensway has discovered multiple Fostervilles that all start near surface. Queensway will be one of the lowest cost richest gold discoveries on the planet. Does nobody else see what I see. Eric Sprott certainly does and continues to buy because he has been through it before being a larger investor with Kirkland Lake. Oh well I guess investors will figure it out soon enough. The fireworks will soon begin. The train is about to leave the station for good guys. Last chance for cheap shares.