RE:To bring it on the pointI just read the crux article it is very long repeating the same information many times over
it would be interesting to see what articles they wrote about fosterville and Kirkland lake that have similar geography as new found golds project and both of these turned out to be very successful
I talked with an old friend who worked for noranda and other large mining companies in the 70s and 80s
He told me the nuggetry formation is very hard to anyalize and very misunderstood
One report either way does not make or break this project they have a massive land base with lots of results to come yet
I do believe results are backed up everywhere and this has cot the company off guard in reporting in a timely manner
The labs where slow 15 years ago and have only gotten worst since then and then Covid and supply chain issues patience is the new norm in everything
I have no doubt this report has hurt the share price and it now has not held 5.25 resistance long enough so it hasn't become support and still remains resistance for now
5.00 /5.01 still has huge support
we need some good drill results and possible a counter report from another Ananlyst
it is alarming that as we moved higher we had many new faces coming on here and bad mouthing the stock
I for one like to hear the good and the bad but only if it is backed up and makes sense for now I think we need more info from the company and other ananlyst period