New Found Gold Corp V.NFG

Nfg fully funded

[Dixiedee]

Nfg is fully funded to complete its 500,000 meter drill program and the 3D siemic survey along with the mill deal .Looks like they may start trenching and turning that gold into dollars to be used for the next drilling program that should take us much much deeper .what a great stargey

[Retiredgeo]

Many successful mines start out small and incrementally grow.  It is those who go deep into debt to fund a big mine from the gecko who run into trouble (Pure Gold etc).  Once NFG gets a taste of gold bars and the sale thereof there will be no turning back. A profit margin per 400 oz gold bar will mean more to the money people and future NFG shareholders than more drill hole results

[ExtrapolateIt]

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[Gangsterme]

Do not believe that this is as important as the management involved, and NFG certainly seems to have hired excellent people. Just look at the resume or Ron Hampton, hired to study the feasibility of mining the deposit. Hard the think of someone with as extensive experience not only in opening mines, but also do so in some cases in Nfld. They have experienced personnel everywhere. Several

[CcRhtSpot]

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[Gangsterme]

I retired at age 49, 28 years ago, so I guess I did something right. I still have money I can invest in speculative stocks.

[MaterialsMan]

Gangsterme, Class of '46 also. Been speculating in the juniors since 1980. Just like the blind squirrel, I find an acorn once in a while. NFG appears to be an acorn.

[Gangsterme]

Just think how history of investing will talk about Eric Sprott. Not yet up there with Warren Buffet but has done amazingly well and this is a totally Canadian story.

[WorkmansComp]

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[Flyby1969]

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[AlCamoan]

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