RE:RE:RE:RE:RE:RE:Large Diameter Core Means that…I'd venture on 60-70% of the reported width. Now that's a 100% assumption and I come to it because NFG has shifted their TW percentages in PR's through time. It's an opinion and I'm likely to be wrong on that.
The thing everyone needs to understand is that the Swan zone was discovered when they were already mining. NFG needs to get to a state where we know they'll be able to mine economic gold before we can talk about a Swan Zone. They've drilled almost 650k meters to date and we know nothing about the future.The continuity in gold on a large scale is definitely there for NFG but is it spaced close enough to be economic? We don't know because there's a very large lack of cross sections or open data for us to look at. Open data is very new and only a handful of companies are doing this.
Most gold camps in the world don't have 650k meters drilled and NFG is standing around with no MRE. It's clear (in my mind and many other geologist) that the Market Cap has very clearly overshot the actual value of the property at this time. Management knows if they come in under 5-7 million ounces, share prices will likely drop 30-50%. You can't have a 700-800 million MC without have a minimum of 5 million ECONOMICAL ounces of high grade gold. Look at Sabina, they were in the 7-8 million ounce range (don't quote me on that I haven't looked at the deposit in a while),80-90% of the construction was completed and B2 scooped them up for 1.1 billion.