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Bullboard - Stock Discussion Forum
New Found Gold Corp
V.NFG
Alternate Symbol(s):
NFGC
Metals & Mining
Gold
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...
) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company also owns a 100% interest in the Kingsway property, which consists of 264 claims on three licenses covering approximately 77 square kilometers. The project is located approximately 18km northwest of the town of Gander, Newfoundland. The Company is undertaking a 650,000-meter drill program on Queensway. It has royalty interests underlying Keats South and several additional zones in Queensway.
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Bullboard (TSXV:NFG)
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(23)
•••
Rainmaker11
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Post by
Rainmaker11
on Nov 29, 2024 1:37pm
3D modelling was used for the largest gold deposit
https://www.msn.com/en-ca/money/other/world-s-largest-gold-deposit-worth-over-80bn-discovered-in-china/ss-AA1uZmrF?ocid=msedgntp&pc=ACTS
(58)
•••
suregold2
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Comment by
suregold2
on Nov 29, 2024 10:15am
RE:RE:Ratio of Reserves to Resources in 2025 MRE
Nozz, exactly per your quote : "What is ignored for QWN is that infill drilling has been going on at Keats and Iceberg plus the MRE will include the ultra high density of both Keats Trench
...more
(3655)
•••
nozzpack
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Comment by
nozzpack
on Nov 29, 2024 9:31am
RE:Ratio of Reserves to Resources in 2025 MRE
I also did a quick review of the GBR MRE technical report....see extract below,, So, Approx 40% of the MRE was comprised of Reserves ( 2.7 / 6,6 ) . A total of 819,000 meters were drilled
...more
(3655)
•••
nozzpack
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Post by
nozzpack
on Nov 29, 2024 7:07am
Ratio of Reserves to Resources in 2025 MRE
A very coarse estimate can be obtained from comparision with Valentine Lake. Based on 428,000 meters, V Lake pits contained 2.7 million ounces of Reserves out of 5 milliin ounces of gold
...more
(141)
•••
Global1966
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Comment by
Global1966
on Nov 29, 2024 4:04am
RE:MRE info
The K2 numbers will be interesting.
(48)
•••
itsjustme1
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Post by
itsjustme1
on Nov 29, 2024 12:28am
Market cap
I have always thought the market cap got way ahead of itself for NFG. Market cap may be finally more inline with reality now. Bottom may have been hit, if not close. This truly maybe a good time
...more
(33)
•••
Keepdigging
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Post by
Keepdigging
on Nov 28, 2024 10:32pm
Rockmstockm
Obviously you are one with eyes but cannot see.
(206)
•••
eldreco
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Comment by
eldreco
on Nov 28, 2024 9:32pm
RE:RE:RE:Market cap heading to sub 100million
Hmmm...but by the same token - so do you!
(288)
•••
Evenkeel123
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Comment by
Evenkeel123
on Nov 28, 2024 9:21pm
RE:RE:Market cap heading to sub 100million
Tell us something we don't know. You keep on playing the same old fiddle over and over again. EK
(1887)
•••
Dixiedee
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Comment by
Dixiedee
on Nov 28, 2024 8:05pm
RE:Market cap heading to sub 100million
you do understand how massive this land package is this is just not a single zone discovery but multiple zone discovery that could be developed into a gold district not a single zone mine
...more
(3655)
•••
nozzpack
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Post by
nozzpack
on Nov 28, 2024 2:33pm
Gold Concentration Ratio
Most FS studies show the amount of waste rock in the Optimized pit along with the tonnage of economic ore above the cutoff grade. The latter is of course the volume of ore which must be milled to
...more
(116)
•••
voiseybayexpert
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Comment by
voiseybayexpert
on Nov 28, 2024 12:34pm
RE:RE:Market cap heading to sub 100million
Still calling for an meeeeeeee buck
(129)
•••
bows333
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Comment by
bows333
on Nov 28, 2024 11:54am
RE:Market cap heading to sub 100million
You wish
(9)
•••
rockmstockm
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Post by
rockmstockm
on Nov 28, 2024 11:05am
Market cap heading to sub 100million
With 5 years of the time and investor money thrown into drill this project the company has manged to prove zero inferred or indicated resources. Management appear to be professionals at milking
...more
(136)
•••
Ork
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Comment by
Ork
on Nov 28, 2024 8:56am
RE:RE:RE:Comex
hey guy-Japanese debt all held by its citizens- not sold abroad so dont affect em too much, thats why debt to gdp no biggy issue for the rising sun-great song house of da rising sun lol any houses
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