New Found Gold Corp V.NFG

I was hoping someone on this board would debate with me.

[shiftyone]

Apparently my opinions are not worthy of discussion.

Or the posters here don't actually want to talk about the stock.

Like many other bullboards.

[Retiredgeo]

They haven't done definition drilling on any of their gold zones.  You can't pump out a reserve/resource estimate until you do the definition drilling.  Their corporate strategy is to find as many gold zones as prossible, sell and let the buyer to the definition drilling.  I do not approve of their strategy but like everyone else on this board I have no say in such matters.

[JRafflesUK]

"....You can't pump out a reserve/resource estimate until you do the definition drilling...." There may not be any merit in initiating definition drilling until the optimum location for an open pit is to be determined.   This would enable the crushing and concentrator plant to be located close to where seismic data indicates the most effective location for a shaft

[nozzpack]

Yes of course. Both Keats M and Iceberg have extended mineralized strike lengths , in combo, greater than 1 km. Those high grades make for very low cost mining especially as the cover is only 3 m thick in some areas. Most astute shareholders here expected that once several high grade shallow deposits were identifued , one of those would be selected for high density drilling preparatory for early