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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

New Found Gold Corp > volume speaks
View:
Post by Evenkeel123 on Jan 22, 2024 2:57pm

volume speaks

If it wasn't for the US side, this stock would be dead, period.  Not even 30K traded over here today, and then we have all these pig shots on here who say they are buying all the time.  What a bunch of story tellers.  Denis Laviolette stated that there would not be an MRE on this property.  Drill baby drill is his motto.  Do you know why?  Because nobody can mine it and make money.  The proof is in them not wanting to do a trial mine and  getting the facts.  

I am beginning to wonder if the seismic found fresh water down there, lol.  

EK
Comment by wajac on Jan 22, 2024 3:40pm
Denis Laviolette stated that there would not be an MRE on this property.   Did he actually state that? Retiredgeo even used quotation marks in his post. Where is the link to what Denis actually said?
Comment by Evenkeel123 on Jan 22, 2024 3:57pm
He stated that in one of the crashlab interviews, and I for the life of me can't find it.  There are a lot of them and most are over an hour long, but I remember him answering that question to someone on that show and he was quite adament about it.  I just can't be bothered trying to wade through them all. EK
Comment by Dixiedee on Jan 22, 2024 7:26pm
Can,t find your made up imagininary info to support your misinformation train 
Comment by Dixiedee on Jan 24, 2024 12:02pm
Can,t find your made up imagininary info to support your misinformation train
Comment by Global1966 on Jan 22, 2024 5:19pm
Denis has said a few things. In one of his Earthlabs podcasts, he said it was too early for an MRE as it would be difficult to move the market from that estimate given that the South has yet to be explored. Then in the recent conference he attended, he said Nfg had employed a Resource geologist. He didn't  say what for. It is possible they are working on a Keats resource estimate but ...more  
Comment by Evenkeel123 on Jan 22, 2024 5:35pm
I know the company does not want to get painted into a corner, and an orogenic ore body is very difficult to define, but no major is going to step off the curb without knowing what is under their feet. It's far too expensive to afford an error on a piece of ground that will likely take decades for cost recovery taking all things into account.  That is why, I guess, open pit is so ...more  
Comment by Dixiedee on Jan 22, 2024 5:58pm
  Finally someone speaks the truth the Mre will come in due time when the drill program is complete unless they start to mine themselves in open pit scenario 
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