RE:more good news from NFGCgoldstd69 wrote: good day to add some more...we appear to be starting to get news again...again I think someone will either buy out NFG or make a big investment...jmho
This are continued great drill results. Fantastic to have the lab bias issue behind us and we can expect nice PRs on a regular basis considering they will be up to 14 drill rigs if not already. This stuff takes time. Lots of great surprises coming in terms of new zones, Queensway south, and large intersections with > than 100gpt like we have had in the past several times.
I personally do not care about the gold price for one reason. We have no control over it. The gold price is more than sufficient as far as NFG is concerned. When NFG hit its all time high, the gold price was less.
The overall gold equities, particularily juniors, are weak at the moment.
I am making no comparisons to Great Bear (since I think NFG is way way better), but look at the 5 year price chart on yahoo finance.
https://ca.finance.yahoo.com/quote/GBR.V?p=GBR.V&.tsrc=fin-srch
You can see how the price went from $5.95 on March 1,2020 to $19.27 just 3 months later in June 2020. It then pulled back to $13-$15 range up to September 2021. Then started climbing towards $20 and then the buyout offer at $29. This is rather typical of most succesful juniors. I have seen it countless times. This is a factual example so I hope this makes some long investors not to get fustrated at our price. The cream always rises to the top.
So my point is, with NFG it will not be a nice sweet little climb. It will happen in rapid price movements which is why I am an investor here not trader or speculator.
GLTA
BC