The NFG Story Great discussion on what the correct approach should be for NFG management with the Queensway project going forward. Personally I think they should steer clear of announcing any resource estimates and just keep doing what they are doing and find as many jewelry boxes as possible in a short time period. Keep investors juices flowing.
When the Queensway South property offers up a high grade gold zone or the JBP Fault to the west on the Queensway North than the blue sky potential of the entire property and region goes from being really big to being astronomical. Investors in a district size gold play like NFG and surrounding companies want blue sky potential and so far NFG has delivered. I think they should just keep doing what they do best and find more jewelry boxes and and keep investors dreaming about how many of these high grade zones are along this gold system and how rich can it possibly be. The gold system has a very long strike length, it's deep (200 plus meters and getting deeper) and it's rich beyond belief with gold grades in excess of 100 g/t gold over several meters and up to ten plus meters in some case.
It's all about blue sky potential and with a gold system that cuts right through the island and having gold grades in excess of 100 g/t in all of the jewelry boxes so far I think the ultimate potential is simply mind blowing. New Found Gold is in a league of its own and the rest of the global investment audience is about to be introduced to the best gold play on the planet. Gander brought the musical Come From Away about 9/11 to Broadway and now it's time for New Found Gold to bring them Gold From Away to Wall Street. Go NFG!!!