New Found Gold Corp V.NFG

Is the seismic directional drilling a red herring

[alwil106]

Because of the uniqueness of the QW deposit nobody knows that much about them so that means anyone can  theorise about them. I recall QH saying these deposits occur in pods, does question what is being done with the seismic and directional drilling, if we're thinking rational and not on a geo quest for glory, from what I understand the gold has to precipitate out of solution to deposit the gold and for this to happen you need a combination of things including mineralised rock like antimony and stibnite, also known as antimony sulfide and banding in the quartz, 4.00 QH https://www.youtube.com/watch?v=TiUadKB20HI there could have been electrolysis going on in the process, for all we know the gold could have already existed everywhere 1000s of meters down but could only precipitate out where certain conditions existed. If NFG don't find anything soon with the seismic assisted direction drilling, I do believe they should cut their losses and concentrate on what they've already got to produce cashflow first before going on these expedition journeys, there may be better prospects down south close to the Antimony mine after they obtain risk capital through cash flow. Gosh we've already got more than enough to cary on with the QW project in defining a resource as is, which could have 4 x more  ounces than Fosterville.

re…Opens in new  there could also have been electrolysis going on in the process, for all we know the gold could have already existed everywhere 1000s of meters down but could only precipitate out where certain conditions existed. If NFG don't find anything soon with the seismic assisted direction drilling, I do believe they should cut their losses and concentrate on what they've already got to produce cashflow first before going on these expedition journeys, there may be better prospects down south close to the Antimony mine after they obtain risk capital through cash flow. Gosh we've already got more than enough to cary on with the QW project as is, which could have 4 x more  ounces than Fosterville.