New Found Gold Corp V.NFG

RE:Results?

[AlwaysLong683]

diabase1 wrote: .......for all those other companies that have used either ALS or Eastern for their assays, what are they doing about their results? Do they have biases also, one high and one low?

Other companies may be waiting for NFG to release the findings of their investigations before commenting or taking action. This is reasonable given NFG doesn't know if a bias occurred at the labs or not.

From NFG's November 4 Press Release:

"Two test programs have been designed by RSC with input from the Company to identify the potential sources of bias....

The first program will test whether there is a bias between the two labs ....

If testing program one does not indicate a bias between the labs, then the bias is likely to have been introduced during the sampling of the core in the core yard.

Both programs will run concurrently to limit further delays and the results are expected in approximately eight weeks’ time. The time line for completion of this work will depend on turnaround times at the assay labs, so there may be some variability in this time line."

Given NFG's November 4 press release estimated approximately 8 weeks for the results of the investigations, this would put the release of results somewhere in early January.