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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 > Slow labs, deep gold systems, and holding back assays
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Post by Flyder on Aug 31, 2021 8:52am

Slow labs, deep gold systems, and holding back assays

AlwaysLong, you made some great points that I have been wondering all along as well.  To your comments I add: if a company does a major step-out from last known mineralization and hits bonanza grades, is that not material information that needs to be news released right away, and not held back for weeks, months?  Have they not significantly expanded the deposit, making that material information?

Well, now, take Kirkland Lake's latest news release.  Two things of significance:

1.  They have hit high-grade gold 500 m down plunge from their deepest known mineralization at the Swan Zone, and 1000 m down-plunge at Robbin's Hill.  They are showing that these orogenic systems are HUGE, and keep going down deeper and deeper.

2.  They released results from 197 holes!  Talk about holding back assay results and releasing them all at once!  

Check their nr out at : 

 https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Announces-New-High-Grade-Visible-Gold-Bearing-Intersections-Down-Plunge-of-Swan-Zone-at-Cygnet-and-at-Robbins-Hill--Fosterville-Mine/default.aspx
Comment by cyberman on Aug 31, 2021 9:15am
howdy Flyder, not sure about what exactly has to be reported and when as a "Junior" but that "status" is significant. i always looked at it like the Vancouver Exchange, a little looser with rules and regulations, kinda like the otcbb but not as bad as pink sheets where anything goes, we do not have a NI 43-101, Resource Estimate, a confirmed and inferred mineral resource ...more  
Comment by cyberman on Aug 31, 2021 9:54am
that being said, we need to move to the TSX, and we will.
Comment by likeike on Aug 31, 2021 10:23am
Cyberman ....WHY? With New York listing why even bother with the Banksters? We want take over the world not Toronto where they think they are the world. It is like the difference between Jesus Christ and a doctor.... A doctor thinks he God. IKE
Comment by cyberman on Aug 31, 2021 10:59am
hehe ya but the tsx-v is like Junior A hockey, the tsx is the NHL. and besides it'd be much closer for me to visit and meet up with bdog ! the NYSE American is only for additional international credibility and exposure, and the connections they'll make for additional ventures, these Pallisades guys are gonna be carrying the torch passed on from guys like ES for a long time. best regards ...more  
Comment by likeike on Aug 31, 2021 11:45am
Analogy not excepted on a Canadian pass time or right of passage. We are trying to take over the world here. You obviously have not watched Pinky and the Brain IKE
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