New Found Gold Corp V.NFG

RE: NFG valuations

[farmboy75]

I am holding a nice little chunk of NFG  and really am likeing how the story is developing so far. But to outline 5 million ounces at Keats if indeed it exists there is going to take a pile of money and a lot of drilling. At some point it will require more money to advance the project, and the three big boys will undoutably step up to the plate at very favourable discounts and warrants. Even if bank money becomes available,they will extract their pound of flesh, but thats part of the game.With the big boys owning 80% of the project, us  little boys  will just have to hang on to their coatails and hope to add to our retirement funds down the road. Gltal

[megacopper]

  I agree it does take a lot of drilling and money to prove up a lot of ounces. However these guys have the cash on hand to make it happen. This isn't their first rodeo. They still have about 60 million dollars of their original 75 million and they already have about 2 million ounces by my calculations and they are guickly adding more with every drill hole. I don't think they will

[Lafajet]

If we continue to expand our resource in the pace we are doing now, the current drill program and cash is enough to get serious attention from a major that wants to join in, or we will get attractive finans solutions to develope further expansions by ourselves. So far, we are defenately on the right path.