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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

Comment by nozzpackon Jul 26, 2024 7:24am
75 Views
Post# 36149374

RE:RE:RE:RE:POG in C$ remains near all time highs

RE:RE:RE:RE:POG in C$ remains near all time highsSo, this is your critique of my most recent post , which estimated 25 million ounces ?

My post spells out quite clearly not only the documented source of the input parameters, the computations are easily replicated , and the end result easily understood .

VLake is an excellent adjacent orogenic sibling of QWN, is also a gold district,  whose drilled depth has found gold down to 1000 meters but will produce nearly 200,000 ounces per year from three open pits.

Its veins are smaller and not as rich as those of QWN, so its economics are less attractive as those which QWN might produce but it is eminently producable .

Or so , Calibre's due diligence leading to Marathons buyout imputes.

To say, as you do on CEO, that QWN cannot produce from open pits , not only runs cross current to Calibres valuation of Marathon , but to every orogenic mine in the world that has open pit produced it's early discoveries , including Fosterville.

The clear negative connotation of your posts on CEO classifies your posting spoor there as being just another of the shorter IDs.

You fool no one ..

AIMHO


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