Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > From Snidely - re the NR
View:
Post by eldreco on Aug 03, 2022 7:40pm

From Snidely - re the NR

Posted earlier on ceo:


@Snidely The NR was not about trying to discover new ore bodies, it was about trying to connect the entirety of the system together. It doesn’t make for splashy drill results, but being able to connect the system together is hella-important when it comes to releasing a maiden resource. These results were not the pearls… but the strings between the pearls.

Wise words.
And mention was made in the NR of another group pending...worth waiting for!
el d

@Snidely The NR was not about trying to discover new ore bodies, it was about trying to connect the entirety of the system together. It doesn’t make for splashy drill results, but being able to connect the system together is hella-important when it comes to releasing a maiden resource. These results were not the pearls… but the strings between the pearls.
Comment by Global1966 on Aug 04, 2022 5:58am
Thanks @eldreco. I'm not a good and didn't  really understand the PR. Snidely's comment makes sense. I hope he knows his stuff
Comment by braindeadoldguy on Aug 04, 2022 9:30am
This post has been removed in accordance with Community Policy
Comment by Retiredgeo on Aug 04, 2022 7:21am
Only management knows what management is planning.  I would be very surprised if they are giving any thought to a Keates-Golden Joint-Dome-Lotto maiden resource.  I continue to expect a Keates Main zone MR by the end of this year which may or may not include Keates North.
Comment by BuccsLadieswear on Aug 04, 2022 7:25am
This post has been removed in accordance with Community Policy
Comment by likeike on Aug 04, 2022 10:21am
Hurt my feelings Eldrico....guess my metaphor of a gold necklace with jewelry boxes was not  colorful enough for your? Guess pearls are more romantic but less golden. IKE
Comment by eldreco on Aug 04, 2022 10:52am
Hi Ike, Didn't intend to cut across your bows - I didn't write it...but sure understood what Snidely was getting at!  It was too good not to share.  (And he would know - perhaps better than most of us!). best, El d
Comment by termic1 on Aug 04, 2022 12:39pm
This is a good point that many people seem to have ignored. Extending the length and the depth regardless of open pit opportunity is very important.  Many mining companies are now going back and buying  mines where open pit mining existed 20 or 30 years ago or longer because the economics are so much better for deep mining along with the advancing technologies.