New Found Gold Corp V.NFG

Initiation of Production will triple the share price

[nozzpack]

Contemporary valuations of gold producers....currently exhibiting a strong upwave...shows that, the valuation of gold producers are over triple that of explorers with the same gold resources.

Having among the highest grades in the world in just the top 250 meters of drill delineation and already 
more than 10 drill defined shallow deposits amenable to open pit production, to my knowledge , there have never been an open pit gold mine with sustaining grades above 10 grams in a milieu where the average is less than 1.5 gms.

Early production in whatever form willl place NFG shareholders on the parapets of great riches, requiring only the most logical of decision by management .

It is ours to demand..

[Global1966]

Management must think finding more deep gold will increase the price. But there is a limit to everything

[Gangsterme]

This is still an exploration company. More than a year ago they hired a mining engineer to determine how to best develop this deposit. There is no way to determine how to develop the deposit until the deposit is defined more accurately. Yes, they could start open pit mining almost immediately, however to do so would require hiring additional different personnel. And, to repeat, this is an

[Hideaway]

Gangster,I agree with your assessment and the Shareprice reflects your views. Management is very scarce with news and this also hurts price.Junior mining companies are hard to predict and subject to many failures as they line their pockets with high salaries and options at shareholders expense.Hope this is not true for nfg,time will tell.The pumpers and wishful thinkers are out in full force.Best

[Patient1nvestor]

“It is ours to demand.." we can all write to them and demand!

[nozzpack]

We have been knee capped in this shorters cauldron for a long period of time. They have shown that they can continue to do so almost at will. They seek cheap financing and cheap buyout . The only way to bounce out of this price trap is to announce an asset monetization initiative . It could be a spin out of QWS as an example of unlocking hidden value. Or, as cash flows will ensue, early mining

[Dixiedee]

Your dreaming if you think any decision on production will be made before this drilling program is complete it may not even be in the cards putting the cart before the horse or wishing for something to be so doesn't make it so maybe read your handle out loud and listen to what you hear 

[nozzpack]

So, hiring an expert mine builder, then arranging a tolling MOU with Maritine , then determining mettakurgical compatibility with the Pine Cove mill, then stripping 6 high grade deposits, then stating that test mining by bulk sampling can be arranged relatively quickly, is all of a feint to lead its shareholders down the proverbial road, knowing that either wise building its own mine means up to 8