New Found Gold Corp V.NFG

Does the management have ulterior motives to let SP tank?

[Patient1nvestor]

The management has been telling us that they're onto some high grade deposits of district scale, but they don't seem to care about any strategy to capitalise on the finds. Does the management have some ulterior motives to let SP tank, so that they can "steal" our shared at heavily discounted prices for their strategic long-term gain? Their pockets are much deeper than ours, at least much deeper than mine, so they can play us if they want to. E.S. is an undisputed billionaire, C.K. is worth more than $100 million, I am a poor man by their standards.

[Dixiedee]

Nobody that's a shareholder included CK or Eric want a depressed share price but that's what happens  to jr exploration companies as they get the deposit ready by derisking and growing the deposit it takes time to get it done and done right but the private investors get very impatient and the shorters come in and play on their emotions and we go down 60 % or more of the shares are in

[Ragnartrading]

They are giving us enough hints ( subliminal messages) to know.... Royalty buyback  2 million dollars loan to Maritime and toll milk agreement  7 meters space drilling at their readying locations ( definition drilling) Metallurgy tests.... Pretty obvious  They will start bulk mining next year, right after maritime gets their milk in working order. At average grade over half

[Global1966]

So why not tell us now if they want the SP supported

[Patient1nvestor]

How long from now on do you think it will take Maritime to get their mill in working order, please? I have no mining background whatsoever, would you be kind enough to tell me what free milling gold is, please? Thank you kindly.

[SkipperT]

From Google: Free-milling gold is gold ore that can be easily processed to recover the gold using gravity techniques or direct cyanide leaching. It's considered free-milling if more than 90% of the gold can be recovered using these methods.    Free-milling gold is easier, faster, and

[Patient1nvestor]

Many thanks, mate!

[nozzpack]

The last I heard was that the optimization process would take to the end of November. Subsequently, it commissioning would be effected by processing Approx 100,000 tons of stockpiled ore and gold fines which are now at the mill. My guess is that it might take between 2 and 3 months to process that ore which yield about 3500 ounced of gold. Assuming that all goes well, it may continue processing

[nozzpack]

With respect to accelerated pace to resume mining of the HammerDown mine, I just noticed that their Oct CP states. “Early works completed - open pit, crushing area, waste dump" To have the starter pit configured this early with grade control completed by exit 2024, it would appear that the new controlling shareholder..Dundee..is really accelerating the return to full mining.

[Patient1nvestor]

It certainly helps. Very much appreciated, mate!