Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > Test / Bulk Mine Keats Trench Preparatory to PEA
View:
Post by nozzpack on Dec 02, 2024 6:05am

Test / Bulk Mine Keats Trench Preparatory to PEA

Such a move would give the PEA authenticity that would exceed all PEA standards.

KT is already stripped and intensity channel sampled well beyond Reserve standards.

A very small area ideal for efficient open pit excavation of high grade ore that begins right at the surface.

At KT grades of 1 ounce per ton, a modest 10,000 ton bulk sample would generate about 10,000 ounces of gold....perhaps more as channel sampling might under estimate grade.

Thats $37 million cad in revenue which can be trucked to Pine Covd mill in a few days .

Excavation time about 7 days .

Asset monetization is the finest form of shareholder appreciation given by management ...
Comment by unclebobby on Dec 02, 2024 6:41am
KEATS JUST KEEP  GIVING. Any questions 
Comment by bows333 on Dec 02, 2024 10:39am
Here's what I would like to know: The company currently does not have a mining permit, but how many total ounces of gold does everyone here think were in the trench "sampling." Does the company have the right to continue doing "trench sampling," getting enough $ in the process to fund everything maintaining current cash levels and actually funding basic open pit mine ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities