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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises an approximately 1,662 square kilometers area, located about 15 kilometers (km... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > All info of the news in a capsule for your reading pleasure
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Post by Evenkeel123 on Nov 16, 2024 9:26am

All info of the news in a capsule for your reading pleasure

Well Im at page 100. So far the pertinent info is as follows: One of the people who worked on this is a Mr. G. Simmons. Hes the bass player of Kiss. A real big mouth. 29 holes are pending as at Nov 01, 2024, Phase 1 which includes mre for a total spend of 35.4$m, Goldspot purchased a bunch of nsr's for $750,000. Talk about a conflict of interest. Aka, the old champagne glass trickle down game. And they stuck a knife into Nosehead's 15 gm historical reserves on page 68. Neither Nfg nor the QP recognize any historical numbers as they werent compliant with todays standards. Ouch. Someone tell that feller on sh hes out to lunch. Maybe Alwilly. Hes his best bud. Lets go for another cup of coffee.

Pgs 100 to 200. Grab samples not relied upon for resource estimations. Nothing new about that but you folks remember that for the future when a company reports grab samples. They arent meaningless but almost. pg 135 583km of drilling done to date. Btw I read earlier that Falconbridge did drilling in the past with 12 holes. Not sure if that was on nfg ground or previously held lab ground. In addition to Noranda and other explocos. First Ive read of them poking around here.

Pgs 200 to 300 More drill results of various zones, the vast majority of samples low grade, which is normal with explo, recommending gravity and CIL leach, so forget shipping concentrate alone offsite Retiredgeo, just as someone been telling you all along, and NO SORTER mentioned as well. Pg 312 mre page blank, to be completed in 8 months or so, Amber Rice has 7 claims to the south. I wonder if shes related to Donna Rice and if she ever did marry Gary, and heres an interesting thing on pg 317, the famous MOU is non binding. Mae thanks you for the 2$m and how about sending some of that money my way if youre just going to throw it away? A non binding MOU to possibly negotiate a toll mill agreement. Maybe. Maybe not. I could write that up in under 10 words. So there you have it fellers. All info that you already knew as you read previous reports. Right. One would think Bullion is used to reading 300 page RFP's from major mining co's the way he zipped through that oi. But alas, Im just a paid basher. Happy Saturday y'all.
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