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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

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Post by Global1966 on Aug 16, 2022 2:00am

Chrysos

I wonder when we will hear about the Chrysos results on whatever it is they are doing. It's been 10 weeks since samples started being shipped to Val D'Or.
Comment by Retiredgeo on Aug 16, 2022 7:57am
I have heard from others who have contacted chrysos that NFG has been receiving their results without delay and that there is no backlog at the Chrysos lab.  NFG wants to double check with the fire assay labs.  The delay is probably at the fire assay labs.
Comment by Global1966 on Aug 16, 2022 8:51am
Thanks @retiredgeo. I guess we are in the hands of the 2 main SH's. At least the Chrysos results should be driving the drilling program. Hopefully we will get some news shortly, whenever that may be.
Comment by Kewl002 on Aug 16, 2022 12:02pm
RG - the Chrysos portion matches their public statements --- the NFG delay though has no been clarified. Are they still double checking everything (seems like overkill) or is mgmt working on something else that works best if assays are released afterward?  clarification may not be possible without t's crossed etc. As long as insiders are not buying/selling on the market AND there are ...more  
Comment by likeike on Aug 16, 2022 12:34pm
Comment by likeike on Aug 16, 2022 12:40pm
Somehow lost my part of convo. Kewl002 to my understanding they are getting their Chrysos results back toot sweet and then passing core on for fireassay. I really like this as it does not hold up the further drilling. Boo frigging hoo we have to wait longer for drill results but it does not hold up the drilling  models for further drilling. They are doing things the right way until ...more  
Comment by Retiredgeo on Aug 16, 2022 12:36pm
The assay labs are clogged everywhere.  I doubt that there is any conspiracy.  It took them the better part of 4 months to complete their last study.
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