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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

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

Post by HansGretschelon Nov 09, 2022 7:49am
101 Views
Post# 35084519

Doesnt know mining

Doesnt know miningRealMoney NFG has no challenge on its grade, so I still keep them, but the silence will be better off for a webinar to speak out. Then they can work even more smarter


It absolutely has a challenge on grade as its the average mineable grade that counts and not high grade assay sections.

RealMoney Agree, the AISC for NFG is no brainer, the lowest on this planet. ARIS.to is $471/oz but in Columbia just uneased. The several turnovers like Rob and NVO caused the imbalance of NFG shares. Well lab issue is secondary. The most important is the validation of box since Doug knows how to get it. It may take time. They need a long-term partner to fill NVO position as ideal.


False. No one knows what the aisc will be because no one knows what the average mineable grade will be until theres an mre followed by a pfs.  No one knows the daily tonnage which affects aisc. It appears not to be bulk mineable which drives up aisc. And we dont know how many ozs they have or if there is even a mine at this point.

Oi.


Gretsch 
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