Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises an approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company also owns a 100% interest in the Kingsway property, which consists of 264 claims on three licenses covering approximately 77 square kilometers. The project is located approximately 18km northwest of the town of Gander, Newfoundland. The Company is undertaking a 650,000-meter drill program on Queensway. It has royalty interests underlying Keats South and several additional zones in Queensway.


TSXV:NFG - Post by User

Comment by AlwaysLong683on Jan 30, 2022 7:22pm
178 Views
Post# 34376715

RE:Interesting

RE:Interesting
I still don't think everyone is clear on what I'm trying to convey.

1) I would prefer it if NFG would consistently release all assay results they receive when they receive them. If, due to COVID precautions / restrictions, assay results that are slow to come in due to backlogs at the labs, cores being held up at Australian ports, rain, sleet, snow, moose attacks, etc., assay results are slow in arriving, that's fine -  NFG can't control the turnaound time after they've sent cores to the labs. What NFG can control however, is reporting all assay results to shareholders when they do (eventually) receive them.

Now, if  NFG only received assay results on:

3 cores as reported in their January 6, 2022 press release

1 core as reported in their January 13, 2022 press release

1 core as reported  in their January 19, 2022 press release

1 core as reported in their January 26, 2022 press release

and no additional core results have been received by NFG over and above those 6, that's fine and is all I ask. But this seems like a very small number of cores for which to receive results over this time span. Maybe this is what Collin Kettell meant when he stated “With over 32,000 meters of core pending assay, we look forward to a steady flow of assay results being released starting in early January."   (NFG's PR dated December 23, 2021)....?  I guess one core per week could be considered "steady", but my guess is that maybe there's more cores than these with assay results in hand at NFG which could be released outside of the older ones that are still under investigation.
 
2) GBR's last assay results press release is dated November 24, 2021. Here it is. Get ready to do a lot of scrolling as it's very detailed. I think it's pretty safe to assume that at least part of the reason this was the last one is because two weeks later (December 8) GBR issued a PR announcing it was being taken out by K at 29.00 a share.

3) AMX's last assay results PR is dated November 11, 2021. Here it is.. Notice the number of cores reported on the chart provided about 1/2 way down the PR.

My point is, I understand that COVID and other issues have slowed down the assaying process for miners throughout Canada and around the world. That's not the issue. What I'm saying is, I would like NFG to release all the assay results they do receive when they receive them, whenever that may be. It has nothing to do with the tough times so many are experiencing during this pandemic along with other struggles going on throughout the world today.




 
<< Previous
Bullboard Posts
Next >>