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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

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... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > the road to success is paved with gold intentions;
View:
Post by cyberman on Aug 26, 2021 9:51pm

the road to success is paved with gold intentions;

1988 i was working at an exploration island camp at Shoal Lake, Ontario (where 12 lb pikerel were not uncommon), 11 weeks in, 1 week out, anywho the boss of the mining and tunneling crew out of Sudbury was instructed to pack a roadway from our landing dock to the prospective gold mine portal (approx 500m away) using some low grade materials stockpiled from our underground access ramp, after a week or so the "road" was passable easily enough with rock trucks and the like, only problem is he used the wrong stockpile, estimated cost $500,000.00, true story.
Comment by Kewl002 on Aug 26, 2021 9:58pm
Good story -- not for mining boss -- in hindsight. Did they eventually dig the road back up and replace it with proper materials?
Comment by cyberman on Aug 26, 2021 10:10pm
no the mine went under as we couldn't maintain the 10g per ton to keep it feasible. but talk about beautiful country, north western edge of Lake of the Woods.
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