New Found Gold Corp V.NFG

trigger

[likeike]

At Keats alone we are beyond what Fosterville ever said they had for a resource.

Correct me if I am worng but the highest Fosterville ever said was 3.2 mill oz.

They have pulled more than that out already and still going strong.

Pull the trigger and get mining baby. IKE

[megacopper]

  You are 100% correct. Kirkland Lake at the time had proved up 3.2 million ounces at Fosterville based mostly on the high grade Swan and Eagle Zones located within the Lower Phoenix decline in 2015 and 2016.  It drove Kirkland Lake's stock from $15 to $70 a share in a few short years giving the company a $18 billion dollar market cap at the peak. They continue to mine at

[likeike]

ou are 100% correct. Kirkland Lake at the time had proved up 3.2 million ounces at Fosterville based mostly on the high grade Swan and Eagle Zones located within the Lower Phoenix decline in 2015 and 2016.  It drove Kirkland Lake's stock from $15 to $70 a share in a few short years giving the company a $18 billion dollar market cap at the peak. They continue to mine at Fosterville (now

[megacopper]

      Last year about this time we estimated 2.4 million ounces at the Keats Zone. I showed the calculations for volume of rock and using a specific gravity of 2.7 and an average ground of 1 oz per ton. These were very rough calculations. At that time we didn't know much about the other zones but they aren't near as good as the Keats zone based on the information

[TheGreekGoldGuy]

Megacopper,    The lead analyst at HIC,  Papanikogastropoulos just told the GGG, that he thought your gold estimates for NFG were too conservative. He said the recently reported  Hole, NFGC 22-593 by itself could have over 200,000 ozs. Rem,ember, this is the first hole that NFG estimated the strike length and width. At todays gold prices, that one hole alone could produce over

[likeike]

Last year about this time we estimated 2.4 million ounces at the Keats Zone. I showed the calculations for volume of rock and using a specific gravity of 2.7 and an average ground of 1 oz per ton. These were very rough calculations. At that time we didn't know much about the other zones but they aren't near as good as the Keats zone based on the information provided. The majority of