Post by
Evenkeel123 on Nov 10, 2024 4:27pm
Well, such kind people here. Let's try again shall we? NFG
There is so much misinformation here about NFG its laughable. The cost to transport would be in the neighborhood of 65$ per wet metric tonne today. More in the future. Sorting at the mine, or gravity only then moving the "concentrate" would result in a lot of lost gold which kind of defeats the purpose of mining it. The details of the mou are not public that Im aware, but I would assume it only gives nfg a right of first refusal should mae custom mill for other parties. I highly doubt it would apply if mae wanted the mill(s) for their own use, which appears to be the case at present. If they opt not to build their own mill it will be because they dont have enough ozs to support the cost of building one, in which case you might want to run away real quick. Your president has said an mre would kill the stock price. Do you find that your president credible? If so then why dont you believe what he says? Eric has said the same in general terms, that mre's usually disappoint. That being said, they are doing the right thing by putting one out. Shareholders have a right to know and the market is demanding one as evidenced by your sliding stock price. Finally, they said mre and pea in Q2. It will take at least 1 qtr for any further drilling to be completed, shipped out, assayed, and the results to be incorporated into the mre and pea. That doesnt leave much time for additional drilling. So drill baby drill and dont stop 3 weeks for Christmas either, or because its minus 40 out there.
Comment by
Dixiedee on Nov 10, 2024 5:10pm
more negative twist by the twist master that has no shares in newfound gold