New Found Gold Corp V.NFG

Investor day

[osmosis]

I attended the investor day. There obviously wasn't any info released that isn't available to the general public. The focus right now is on continued exploration. There is no rush to put out an MRE, seems like that is because of the tough market now for juniors but also because they are well funded to continue exploring. We spent the afternoon out at the site, mostly in the excavation at Keats main. Lots of Vg. We were free to wander around. I spent some time looking at rocks that obviously hadn't been moved and found Vg there. Also saw lots of Vg on the exposed quartz veins that ran the length of the excavation. Channel sampling was completed in Keats main. The overburden on Iceberg is being removed, 800,000 cubic meters, should be finished in about a month.

[voiseybayexpert]

Thank YOU

[nozzpack]

Thank you. So, none of the attendees expressed their discontent with the collapsed share price and the contribution of the ATM to that level ? No one bothered to note that other pure exploration companies like SGD have not experienced this level of collapse and asked why NFG ? And no shareholder noted that Junior gold producers are doing well, so why isn't NFG considering early

[Dixiedee]

You can send these questions directly to the company they will respond to you in a day or two almost 

[unclebobby]

Well you obviously didn't care to go, stop your complaining. 

[nozzpack]

You went and asked no incisive questions ?

[nozzpack]

So an Investor Day with limited attendance, which means that 95% of shareholders could not attend even if they wanted to,  certain information was available to be known along with general development  status and management feels no obligation to inform shareholders in general  as to general information relayed to restricted number of shareholders attending Investor day. Is it any

[osmosis]

There was lots of discontent shown regarding the share price. Everyone is disappointed with where we currently are.  There was no anger expressed at NFG about it. When it comes to LAB if you read the news release it states that their property was acquired for shares so there's no reason to have asked that question. We were shown the long term Core Storage that came with the acquisition

[nozzpack]

Thank you for those details which somewhat mitigates  the information gap and does leave open the option of a bulk sample being mined which would turn the  trajectory of the share price to positive . That they are aware of the upwelling of shareholder discontent is comforting , so hopefully they will react accordingly ..

[TheGreekGoldGuy]

Thanks for the update, the waiting game continues. GGG

[Dixiedee]

Thanks for the update 

[DanWarren]

Thanks for your report. I do think Nozz's questions need to be asked. The path forward is shrouded in mystery. Are they afraid of offending a Big Gold they are in talks with? Some shareholders I know, and posters here as well, believe NFG is in substantive talks with Big Gold. They believe that the reasons for a number iof projects are do to fulfilling the requests of said Big Gold, such as