RE:RE:RE:RE:RE:Rick Rule's synopsis of NFG is total skepticism at bestThey already have mother lodes coming out the yin yang. Is discovering more at depth going to move the needle? I doubt it. Their deep drilling will prove that more gold deposits exist at depth and that the current gold zones extend to depth. Is discovering more gold zones along strike, Queensway South and JBP going to move the needle? I doubt it. In the recent past new gold zones just got met with sell orders.
They are currently doing a grade calculation on the surface of the KMZ. That will meet another requirement for sale. The Iceberg trenching will be more of the same.
When will AEM or another major make an offer? I don't know. I have been expecting an offer since 2021. NFG is slowly running out of things they can do to entice a buyer. In a worst case scenario they may have to become miners and follow the Fosterville example of selling a working, producing mine.