Post by
TheGreekGoldGuy on Jul 02, 2024 3:48pm
The Market is seriously undervaluing NFG's progress
NFG in a little over 3 1/2 years has made remarkable progress, identifying 20 zones of shallow high grade gold. These zones include 436 drill holes containing high grade gold. 194 drill holes containing 3761 gram meters to 100 gram meters, 149 drill holes containing 99.99 gram meters to 50 gram meters and 93 drill holes containing 49.99 gram meters to 35 gram meters. NFG has also identified hundreds of other holes less than 34.99 gram meters containing mineable gold. These are facts that some want investors to ignore. After a successful Seismic survey, NFG has now shifted gears and has started targeting much deeper mineralization and structures. Because of the shift in drilling strategy and the recent acquisition of Labrador Gold, the reporting of drill results has slowed down to a pace, which resembles most of the other Junior Explorers. Of course market conditions and an unfavorable environment for Junior Explorers has resulted in NFG's share price, along with most other Juniors, taking a hit. But based on NFG's incredible success with its shallow drill program and its recent move to directional drilling, it would be most unwise to underestimate NFG's potential for further success. While the GGG does not always agree with Nozzpack, his recent estimation of NFG's potential, seems reasonable based on his supporting calculations. The GGG believes that those numbers will eventually be proven to be extremely conservative. The GGG believes that as a Junior Explorer, NFG is sitting on top of the world. They have accomplished more than any investor could have imagined, in just 3 1/2 years. So now we wait for news of the next NFG milestone.
GGG here, Stay focused, ignore the noise and don't underestimate NFG's management and don't let the why are tey here gang destroy this board. They are very close to doing that.
Comment by
Hedge99 on Jul 02, 2024 4:42pm
EK.......the past is relevant to the future, and helps build on the future resource. Anyone that invests in a JM company for guaranteed returns is delusional. We all make decisions in life, and we need to take ownership of them. I am well under water here, and I am positive with some time, this will be very profitable.
Comment by
Evenkeel123 on Jul 02, 2024 5:02pm
I hope so, and you make sense, and I live that way myself, but some of these rah rah longs take it too far. Lots of us will pass on before this becomes anything serious in the mining community, I am afraid. Sometimes the stories of the past built on hopes and dreams are somehow crushed under the weight of reality and the inability to recover. I feel very sad for them. EK