New Found Gold Corp V.NFG

Alternate Symbol(s): NFGC

Metals & Mining Gold

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

New Found Gold Corp > So lets take

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Comment by Goldziggyon Sep 22, 2022 3:29pm

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Post# 34979929

RE:RE:RE:So lets take

BucccaneerIs wrote:

Goldziggy wrote:

BucccaneerIs wrote: A crash course in Introduction to Counting it for Stupids as many are here because of Henry, Moriarty, Crescat, Proven and probable, Jayant something, and/or the svidish mitball, nvo being a past fave of theres. It also shows how smatrerer some of these engineers and geos are.

So Nvo is in the middle of a pfs study on fresh having shut down the oxides because they are a money loser. Crux said they would lose money 18 months before they put it in production btw.

Oxides: 1.8 gm x .6 net of dilution x .95 mill recovery = 1.03 gm recovered
Fresh : 2.85 x .5 x.85 =1.21 gm recovered

Deeper means more powder in the ole hole which means more dilution of multiple thin layers and mill recovery in fresh will be less according to nvo in an earlier study.

So similar recovered grades, but in oxides strip is 4 to 1 and in fresh its 10 to 1.

Declining pog, much higher costs than in 2021, and they lost a lot of money in oxides.

Fresh is some of the hardest rock on the planet according to nvo. Oxides are decomposing rock.

Does it take an Einstein to know the pfs will say its a no go and if they say otherwise then someone doesnt know how to count?

Or is it just the nvo way, blame the no go on the consultants. Dont blame us, like they did with a $25m financing after saying they were going to self finance 3 months earlier.

Unrelated, but related. Like a hillbilly

Bucco

Bucco

Who cares what nvo is doing or has done or will do.
Its completely unrelated. Man are you ever reaching and desperate. What does nvo have to do with NFG? Whats next? you will start to compare weed stocks or uranium stocks to NFG? Give it up already

Ziggly Wiggly, you never took Introduction To Connecting It The Dots?

Wassup?

Bucco:)

Maybe im not used to reading such moronic things over and over from the same person. You cant honestly believe the drivel you write do you? Let me know when you come up with something that pertains to Nfg

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