RE:RE:Analyst PredictionsThe NFG targets are based on existing exploration data and New Found Gold Corp believes that their targets have potential for significant gold. The potential quantity is conceptual in nature... there is no defined mineral resource and it is uncertain if further exploration will result in the targets being delineated as a mineral resource.
Since I do have a small position in NFG, I have my fingers crossed that the belief turns to reality but all we know at this time is that NFG has potential for a resource. MOZ, on the other hand has major proven mineral reserves... nearly 5-Mozs... there is quite a difference... and of course there is the potential for more!
At this point, my money is with MOZ, with a small bet on NFG.
Btw, I am not aware of any analyst ratings or targets for New Found Gold.