New Found Gold Corp V.NFG

Continuity and high grade gold

[Retiredgeo]

The two never go together.  By definition high grade gold comes and it goes.  You mine out the entire vein/shear zone/damage zone and average it.  They are finding continuity in gold bearing structure.  That is what is important.

Press releases don't move the needle anymore.  It is 3 years later!  What will move the needle is interest from a mining company.  It could happen at any time.

There are a lot of new bloggers with low feedbacks bashing this stock.  If they don't like it they should sell and be gone.

[Dixiedee]

They proably don't own it nothing has changed NFG continues to find more gold and continues to derisk while the majors make record profits that they will use at some point to go shopping  and NFG will be on one or more of these majors list 

[suregold2]

Agree, if we wake up one morning with a halt and then news of a major taking a 10% interest at a per share price of 2 times or more existing price, then the ball game changes in minutes. Think it cannot happen, well I got news for you, I  held a stock about 20 years ago trading at $2.40 on a Thursday close, and on Friday it halted with news of one of the big majors taking a 10% interest at $5

[Retiredgeo]

There can be localized concentrations of high grade gold in high grade gold mines.  The Fosterville Swan zone certainly falls into that category.  The central dilation of the KMZ will also fall into that category.  Neither are that voluminous and you don't need a large volume of high grade gold rock to generate +1 million ozs. Every high grade intersection NFG has pumped out