RE:RE:NFG: Breakout is confirmed!
Retiredgeo wrote: I hope that you are right but the last time Eric bought in didn't help the share price for very long!
NFG has become a long term story for long term investors. It's hard to say what will bring more long erm investors into the stock or when.
Well it's not a get rich quick play similar to some higher risk mineral plays out there. But you won't get poor either because the value has already been established. Now the big boys will decide how many billions it is worth as they jockey for position. Eric Sprott is off to a very good start. Lol It takes time to create huge value in the discovery of millions of ounces of gold worth billions of dollars so it does take something very special to move the needle with huge projects like Queensway. That being said these are massive structures at the Appleton and JBP Fault that run through the entire length of the 100 km of NFG's property.
Listen to what Eric Sprott has been saying. I hate to sound like a broken record but he spells it out for us very clearly in the video below talking about gold grades at Fosterville. And Queensway is bigger and better than Fosterville in the opinions of many experts. Listen again starting around the 6:00 minute mark but listen to all the video to truly understand what is happening with New Found Gold. Also the video of Greg Matheson explaining the spectacular drill core at the Keats Zone. Wow is all I can say because that drill core is as good as it gets. And the structure that created that beautiful looking rock runs the entire length of the 100 km Queensway property.
NFG has already discovered more jewelry boxes in my opinion so it just needs to be confirmed with drill results. The gold is there it just takes time to make it all happen. NFG is lazer focused on more high grade gold zones and it is obvious to me based just on the movement of the drills out there they are already onto more spectacular gold zones. It's hard to miss when you stumble upon it out for a casual walk. Mother Nature just didn't leave us a few million ounces along these structures, she left us tens of millions of ounces of some of the highest grade gold on the planet. If investors can't see that by now they shouldn't be investing in gold exploration companies. They should go buy some more of those made up crypto coins or NFT'S. What a joke. Stick with gold. It has stood the test of time as the ultimate store of wealth throughout our history over thousands of years. Two very important videos below for anyone invested in or is thinking about investing in NFG.
https://m.youtube.com/watch?v=6e5KM7UHhoE
https://m.youtube.com/watch?v=S6aU-VD_Q54