RE:RE:Crescat 61 on NFG and ESK
AUSTIN48 wrote: Listened to the video and was impressed by Quinton's excitement.
I own both ESK and NFG and am very excited to see how these two properties
grow in the coming months.
NFG is a tad lofty now but ESK is still a bargain.
NFG is lofty for very good reasons. NFG are much further along in the discovery phase with a few million ounces of extremely high grade gold close to being proved up. NFG has between 10 and 14 drills turning night and day all year round with a 400k drill program in progress. NFG's discovery is right next to the TCH with power lines running across the property and towns nearby, international airport 18 km away and a deep sea port 30 km away.
ESK only has about 30k meters drilled into several different targets and is up in the mountains of BC supported by helicopter where they can only drill from June until October. ESK currently doesn't have any drills turning and won't until June. Still waiting on another 42 holes so still in play for another couple months.
Ok having said all of that both discoveries are world class with great potential of more discovery. ESK could give you a bigger percentage return over the next few weeks as more investors find out about it. Yes it has a lower market cap but that is due to the reasons I stated above. Both are great companies and I suspect looking forward a couple years both will be multiples from current levels. I really like both ESK and NFG. Everyone should own both.