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Bullboard - Stock Discussion Forum
New Found Gold Corp
V.NFG
Alternate Symbol(s):
NFGC
Metals & Mining
Gold
New Found Gold Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises an approximately 1,662 square kilometers area, located about 15 kilometers (km...
) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company also owns a 100% interest in the Kingsway property, which consists of 264 claims on three licenses covering approximately 77 square kilometers. The project is located approximately 18km northwest of the town of Gander, Newfoundland. The Company is undertaking a 650,000-meter drill program on Queensway. It has royalty interests underlying Keats South and several additional zones in Queensway.
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Bullboard (TSXV:NFG)
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(288)
•••
Evenkeel123
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Comment by
Evenkeel123
on Nov 30, 2024 7:45am
RE:RE:Er....?
errr, regarding NFG, and all other explos, it will be interesting to see how the lawsuits turn out against chat GPT and all AI systems. It will prove that some are not smarter then a 5th grader.
...more
(3664)
•••
nozzpack
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Comment by
nozzpack
on Nov 30, 2024 5:16am
RE:Er....?
The geometry of vein based gold systems is primarily influenced by a combination of dynamic stress changes and fluid pressure variations. For that reason, Orogenic gold deposits show a
...more
(288)
•••
Evenkeel123
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Comment by
Evenkeel123
on Nov 30, 2024 3:04am
RE:RE:From discussions with a geologist friend
Uncle, all things being equal, gold is up, labour is up, equipment is up, all costs related to mining are up, so the goal is still, for most majors, tier 1 properties that can produce and return their
...more
(331)
•••
unclebobby
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Comment by
unclebobby
on Nov 30, 2024 2:02am
RE:From discussions with a geologist friend
What do you think Nozz more B.S. from Dixie to pump nfg . I guess all Jr's are being looked into with the price of gold up $600. + this year.
(141)
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Global1966
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Comment by
Global1966
on Nov 29, 2024 10:34pm
RE:From discussions with a geologist friend
Obviously Melissa Render isn't smart enough, nor is her team, to figure it out for themselves. I wish they would just go through the steps and start mining in the next 5 years. Maybe that
...more
(1889)
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Dixiedee
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Post by
Dixiedee
on Nov 29, 2024 7:34pm
From discussions with a geologist friend
From a discussion I had awhile back with a geologist friend he told me he thought that a major suggested to them to do the trenching it saved millions in drilling now he thinks that a major probably
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(0)
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Busyness
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Post by
Busyness
on Nov 29, 2024 7:04pm
Er....?
"The allegations of lack of continuity are just that . No evidence has been put forward in support ,m so this is the usual short and distort model , full of bashers but signifying nothing
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(3664)
•••
nozzpack
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Comment by
nozzpack
on Nov 29, 2024 2:54pm
RE:RE:RE:Ratio of Reserves to Resources in 2025 MRE
Absolutely . The allegations of lack of continuity are just that . No evidence has been put forward in support ,m so this is the usual short and distort model , full of bashers but signifying nothing
...more
(23)
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Rainmaker11
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Post by
Rainmaker11
on Nov 29, 2024 1:37pm
3D modelling was used for the largest gold deposit
https://www.msn.com/en-ca/money/other/world-s-largest-gold-deposit-worth-over-80bn-discovered-in-china/ss-AA1uZmrF?ocid=msedgntp&pc=ACTS
(59)
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suregold2
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Comment by
suregold2
on Nov 29, 2024 10:15am
RE:RE:Ratio of Reserves to Resources in 2025 MRE
Nozz, exactly per your quote : "What is ignored for QWN is that infill drilling has been going on at Keats and Iceberg plus the MRE will include the ultra high density of both Keats Trench
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(3664)
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nozzpack
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Comment by
nozzpack
on Nov 29, 2024 9:31am
RE:Ratio of Reserves to Resources in 2025 MRE
I also did a quick review of the GBR MRE technical report....see extract below,, So, Approx 40% of the MRE was comprised of Reserves ( 2.7 / 6,6 ) . A total of 819,000 meters were drilled
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(3664)
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nozzpack
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Post by
nozzpack
on Nov 29, 2024 7:07am
Ratio of Reserves to Resources in 2025 MRE
A very coarse estimate can be obtained from comparision with Valentine Lake. Based on 428,000 meters, V Lake pits contained 2.7 million ounces of Reserves out of 5 milliin ounces of gold
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(141)
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Global1966
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Comment by
Global1966
on Nov 29, 2024 4:04am
RE:MRE info
The K2 numbers will be interesting.
(49)
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itsjustme1
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Post by
itsjustme1
on Nov 29, 2024 12:28am
Market cap
I have always thought the market cap got way ahead of itself for NFG. Market cap may be finally more inline with reality now. Bottom may have been hit, if not close. This truly maybe a good time
...more
(33)
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Keepdigging
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Post by
Keepdigging
on Nov 28, 2024 10:32pm
Rockmstockm
Obviously you are one with eyes but cannot see.
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