RE:NFGC, Highgold, E79, KNTNF
goldstd69 wrote: and Americas all look promising to be big..ger....winners...now if gold can hold here and get through 1800 and 1830...the USD took a hit today...still watching that USD and interest rates...hey a good day and looking up....best to all
Something to keep in mind for anyone investing in these exploration mining juniors. The location of the property is crucial if you want a steady flow of drill results. NFG has the luxury of drilling 24/7 for 365 years of the year. So NFG shareholders can expect a steady flow of drill results depending on the assay labs of course which has been a bottleneck everywhere it seems.
Other companies may not be so lucky and Eric Sprott pointed this out in one of the NFG videos. Some miners up in the mountains or in a rainy wet environment may only be able to drill for 4 or 5 months of the year. Just something to consider when you buy shares because you could be looking at dead money for a big chunk of the year and missing out on other opportunities. This was a major factor for me deciding to invest more capital in NFG over other promising plays. Nothing worse than dead money. Anyways NFG is back on the move so fingers crossed they can put together a string of positive news releases and keep the momentum going.