New Found Gold Corp V.NFG

Skeena

[likeike]

Eskay Creek, Golden Triangle BC

Tucked away in the Unuk and Iskut River region along the rugged north coastal mountains of British Columbia lies Eskay Creek. During its peak, Eskay Creek was THE highest-grade gold producer on the planet. It had no equal.

During its 14-year run, Eskay Creek produced 3.3 million ounces of gold at a breathtaking 45 g/t Au, plus 160 million ounces of silver at an equally impressive 2,224 g/t Ag.

Today, Skeena Resources is targeting mineralization left over by the previous operator—mineralization closer to the surface—in one of the planet's highest grade open pit resources. The company now boasts a weighty feasibility study backstopping its resource—Skeena Completes Robust Feasibility Study for Eskay Creek: After-Tax NPV (5%) of C$1.4B, 50% IRR, and 1 Year Payback.

The values in the text of the headline speak volumes.

Life of mine production rings in at 3.2 million AuEq ounces from 2.4 million ounces of gold and 66.7 million ounces of silver. As noted in the headline text, the payback period—the time required to recoup the costs to build the mine—is only one year.

[Malpeque2]

Ike.    You brought up Skeena.    I had it back when the market cap was about $30M.   They were struggling to raise money on PP's instead of just selling all the other properties they owned and use the proceeds to go drill Eskay.     That Walter guy was diluting me so I said,  screw this idiot,   I'm out.     Oh

[likeike]

Geez Malpaque sorry you were not smart enough playing Skeena. Your convoluted silliness that follows confirms to me why you lost in the first place. Perhaps you should not being involved with exploration stocks. I for one would be most glad if you simply stopped posting and go to counciling to  discover why you have this incessant need for attention. IKE

[Malpeque2]

Ike:     Keep posting if you want confirmation bias with all the other longs here.    I;m still neither long nor short.    I do believe that at some point there will be a good entry point here at No F78King Gold. At what price/valuation that is and when,    I don't know.    Just so you know,   I made decent money on GBR trading

[likeike]

Go bash somewhere else until you at least demonstrate you have some  understanding of epizonal orogenic structures. IKE