New Found Gold Corp V.NFG

Chrysos

[likeike]

What has always amazed me was the light speed that NFG has gotten to where it is.

Goldspot IMHO has already gotten them 2 years ahead of schedule for a company not

even a year old.

A new bottleneck has now arisen some 10 years in the making getting core samples back

from the lab. NFG has handled the situation the way it is better than most but now sitting

on 6 months backlog this situation will not remedy itself nearly quickly enough for a company

travelling at warp speed and is bout to slow down.

My only way out I see rapidly would be all in to Chysos technology if the can adapt it.

QH is all in to them at NVO to save their grade control on their massively big project.

https://youtu.be/EQv-Id1Yn_Q

Go to 35:43 minute mark and he gives a basic explanation as well.

https://www.chrysos.com.au/about-chrysos

To get a more technical explanation go here.

With NVO having 10% of NFG and QH sitting on NFG board of directors I am sure he has

brought it up but not sure with how much attention Chrysos is getting they are simply just

overwherlmed. Anybody got any better ideas? IKE

[eldreco]

Ike, Thanks for this...I had no idea about this as a possibility.  Are they dreadfully expensive to acquire?  If you had one - would your tech guys running it be in-house - or would it have to be monitored by Chrysos? What kind of maintenance do they require? I think Quinton H. mentioned that he had aqcuired "a couple" (for Novo?).  Maybe that's the place to start

[likeike]

This is in QH hands ....he has been dealing with them and he needed a quick solution to what happened to NVO so he got another company to procure the first 2 off the assembly and has a contract for them to do so many analysts a month. Everybody wants one but you still have to work out the bugs and make it more reliable I think. NVO has their own  prep lab and do think if it works there

[TheGreekGoldGuy]

Ike, do you have any idea how costly the Crysos technogy is  compared to other methods? Then Greek here, just wondering which company will be next to follow NFG into the uncharted waters? 

[eldreco]

ggg, check email.

[Global1966]

https://www.csiro.au/en/work-with-us/ip-commercialisation/chrysos Fosterville must use it

[likeike]

It will be cheaper but it is untried and untested. NVO will be the first real field test to see how viable it is. Just flooding core with photons has to be cheaper and think more cost is preparing samples hence why NVO now has a prep lab in the Pilbura. The thing is everyone wants it at once which is its own bottleneck and still yet unproven for reliability. Pretty sure they will still be