Exploits Discovery Corp C.NFLD

Exploits Reports 66.3 G/T Silver In Sample At Katie Prospect

[AwareInvestor]

Exploits Discovery has completed an initial reconnaissance program at the firms recently acquired Katie Prospect, a new portion of the firm Great Bend Property in Newfoundland. Numerous samples were collected from the program, with five returning highlight values of between 1.2 g/t and 2.7 g/t gold.

https://thedeepdive.ca/exploits-reports-66-3-g-t-silver-in-sample-at-katie-prospect/

[Sciencegeek1]

Pretty weak results given the valuation, especially for grab samples.  I was expecting a lot more.  Huge blocks of shares from the recent purchase come off hold in Feb and I do not think that will be favorable to maintaining an upward trajectory even if results get better.  I like Exploits given where they are drilling in Newfoundland.  I like that they have hired SPOT to

[smilingmickey]

Hello Science Geek, This is a pure speculation. The Company has exploration rights in an area near to where V. NFL has already drilled some spectacular holes and as a result  have experienced a huge increase in their share price. The value of NFLD is $500 million or so. The market cap of C.NFLD is maybe $6 million. I  understand that Spot assisted NFL re where to drill using their own

[Sciencegeek1]

Hi SM I nibbled a bit into this at 0.41 so I am on the ride.  The history with NFG is interesting and I found this article talking about the aquisition that gave me some info that I did not know. https://thedeepdive.ca/exploits-discovery-acquires-property-from-new-found-gold/#:~:text=The%20property%20has%20been%20acquired,at%20%240.62%20on%20the%20CSE. So at least for now NFG is a

[smilingmickey]

Thanks for the post Sciencegeek. FWIW my interest in Newfoundland Gold deposits came about because a man called Quentin Hennigh (who is a well respected geologist) was appointed a Board Member of NFG. He likened the mineralistion he saw at NFG  to that which he encountered at the Fosterville Mine in Australia a few years ago. Fosterville has since been developed into a very rich underground&

[smilingmickey]

Apologies for error in calculation of current market cap for Exploits. It is incorrectly stated on Stockhouse. The ball park figure is around  $30 million based on 65 million shares issued at 0.05 cents per share! SM