New Found Gold Corp V.NFG

750 k ceo

[likeike]

@Snidely If you look at the price paid on the royalty acquisition that was announced this morning, so long as there is more than 750k oz of recoverable gold on the Keats-Lotto claim, then it is a profitable deal for NFG. As the number of recoverable ounces in this specific claim increase above 750k oz... the deal today will get better and better. But in terms of analysis of this news, break even on this transaction is about 750k oz at the price of gold today

[hockeyplusgold]

The management team must be very confident in the deposit to buy back now during all this turmoil This is equal to a mature company buying back shares when they feel they are underpriced  adding investor value  great management team here 

[Flyder]

I agree totally.  I took that as a very significant 'pointer' as to where this thing is headed.  In fact, that nr yesterday prompted me to sell other stocks in order to buy even more shares. 

[braindeadoldguy]

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[Flyder]

Speaking of lunker licker news releases, are we ever going to see another fire assay from the Springdale lab?  They must have hundreds, if not thousands, of sample bags sitting in their yard ready to be assayed.   Another thing that really stuck out for me from the QH interview last Friday was that picture of core that didn't show much in the way of quartz veining, yet it ran

[braindeadoldguy]

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[megacopper]

  I'm not sure about sending all that core to Perth but I would be willing to bet a lot of it will be going to Val D'or in early December once that new lab is up and running. And it won't take several months to get results like most of the old labs. I'm thinking NFG shareholders are going to have a golden bright Christmas this year and we will be happy happy happy!!!

[megacopper]

  Oh I think NFG is getting ready to explode upwards in price sooner rather than later. The fact that the company was so eager to buyout the nsr tells me they like what they are seeing in the drill core. And that dead looking rock that Quinton Hennigh was referring to ran super high grade gold of about 200 g/t (I think that is what he said) eventhough there wasn't any visible gold in