Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Rapidly accumulating Resource data
View:
Post by nozzpack on Jul 11, 2024 5:55pm

Rapidly accumulating Resource data

Ignore the continued actions of the shorts today to wash trade and suppress the EOD close.

What is amazing are the facts.

Almost unparrelled is the fact that 6 of the nine newly discovered zones contained visible gold, the deepest at 1016 meters .

It leaves little doubt that the full 2500 meters of this pilot seismic guided drilling will be found to be auriferous with gold zones containing gold grades much like at the shallow depths .

Further, these hydrothermal gold zones tend to be progressively larger in their base than the shallow zones ...think of the magnificent Swan Zone of Fosterville 

Devico drilling will fill in these lateral gaps, as distances 500 m away from the vertical core discovery will be probed .

I don't know if any comparable deep drilling of orogenic mines which could match this drilling success in Just a few widely spaced holes .


Each of those hits expands exponentially the data supply and subsequent success rate when the Devico side tracking results within those zones are included .

My prognosis is many more  zones, much longer intercepts and much higher drilling success rate .

Results will come almost as if in a blitzkrieg , each incrementing the conviction that QWN, even in its current exploration infancy , has been given the gift of the celestial gods.

And, many re rating upgrades in price targets.

GLTA

Comment by 1condor on Jul 11, 2024 6:22pm
Nozzpack...if you were anymore pumped up on this stock you would be floating above the ground. The road for NFG will be very long and extremely bumpy. You need to mentally prepare yourself for that.
Comment by Evenkeel123 on Jul 11, 2024 7:02pm
Nozzpack likes to feed data into his computer Al machine and prints what it spits out, perhaps believing it to be irrefutable.  That is often a fatal mistake of many gurus also who come out of the woodwork with predictions, the guesses don't come true, and they are nowhere to be found afterwards. Common sense is far more desired, because if it can go wrong in the mining business, it ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities