New Found Gold Corp V.NFG

We Need Decisive Action NOW

[nozzpack]

So, the MRE and PEA are farmed out to indeoendent experts , as they should and must.
The drilling crews and geologists are taking care of ongoing drilling.

Ronnie has full control of mine development requirements and their implementation .

So, WTF is there left for the BOD to do ?

Just float , bloat and hope  for 6 months while more equity is used to fund operations !

The MRE and PEA will be quite useful but they won't fully answer the critical issue of deposit productivity .

That comes from the actual mining operations.

Its quite normal for management of gold projects  to have a continously updated MRE and economic metrics.

They know the outcomes now.

So, why not , in the interim 6 months , institute test mining of a fully stripped and mensurated prospect such as Keats Trench.

Such test mining results will be available to validate the PEA as soon as that estimate is published .

Otherwise, its testamount to conducting an acoustic survey of a fish population without a valid target strength.

What obstacles lay in the way of doing this ?

None.

We are all tired of a management team which act like a herd of deer caught in the proverbial headlights .
Lets see the only  real strategic decision that will make a big difference to our market cap.....test mining.
AIMHO

GLTA

[unclebobby]

Nozz should be running  nfg, he is on the ball,  more knowledge than them facts on the tip of his tongue.  Imo

[Lemmy1]

NOZZ, please send your recomendations to the company. I have reached out to them in the past and always recieved a quick response. What you say makes sense.  Time doesn't wait for anyone, we have one shot on this earth. The rich didnt make their fortunes buy waiting and praying, they made things happen.

[Dixiedee]

No matter what nozz says the company is persuing all possibilities but not putting the cart before the horse they will be guided by the drill bit and the market I respect nozz for his enthusiasm to get the company into production but things need to be done in order to have the proper outcomes and while all  possibilities are being worked on by the company the MRE and the PEA must be completed

[GoldenOrb]

Well said nozzpack.  I approached CK about this & I got back a foggy reply.  Our hopes lay with Mr. Huet now & ES emphasized the utter need to move forward with deliberance.  We shall soon see what that is comprised of.  Test mining the KT is imperative as so adeptly posted by nozzpack.

[nozzpack]

Golden , email CK with a copy to the Independent Director asking why, after releasing the normal trend of releasing the AGM Directors votes in 2022 AGM meeting , they chose not to release the AGM Directors  voting Resukts for 2023 AGM meeting  when it was rumoured that DL failed to get a majority vote and why they did not release the Directors detailed  votes  for the AGM in

[GoldenOrb]

I broached that inquiry with CK & received a dodge reply.  Also I've asked for Huet's Chair of Board email address.  He said he would pass it along to Paul, yet I've received no email from Mr. Huet.  Think the address would be: [e-mail]???  The typical address for Render et al. is: [e-mail]

[Evenkeel123]

You may as well try it.  If wrong, it bounces back as undeliverable.  Go ahead, make your day, lol. Perhaps you might be better off contacting Ron Hampton.   EK

[GoldenOrb]

Ignore the EEK, or is it Rowan or Martin or maybe BUCCO in more sensible disguise, a sower of trumped up discord.  Ignored

[nozzpack]

Try Paul's email address. He is our independent Director, presumably looking over our fiducial interests. Ask him three direct simple questions.. 1,,Why the Nominee Dirrctors Voting Record at the 2024 AGM meeting was not made available to shareholders whereas such was done in 2022 and previously  2..Did any Director Nominee fail to get a 50 % majority of votes cast 3,,Was the voting

[shiftyone]

Try Paul's email address. He is our independent Director, presumably looking over our fiducial interests. Ask him three direct simple questions.. 1,,Why the Nominee Dirrctors Voting Record at the 2024 AGM meeting was not made available to shareholders whereas such was done in 2022 and previously  2..Did any Director Nominee fail to get a 50 % majority of votes cast 3,,Was the voting

[shiftyone]

https://wildlaw.ca/legal-updates/tsx-requires-majority-voting-for-director-elections

[Evenkeel123]

I guess the important question is which way did ES vote, and was the message sent.  Who knows. Fool me once...............why believe these guys at all? EK

[MaterialsMan]

I think that if you take a carefull look at Paul Huet's personal history and involvement in the industry you may conclude that decisive action is being taken NOW.

[nozzpack]

We were shareholders of Karoka at the same time as Sprotts family. Paul was very well respected and did publish the Proxy results , some of which had 40% withheld rates. The decision not to publish the 2024 Nominee Voting records was taken by incumbent BOD which were all Yessirs. With the exception of Paul, the new BOD are still all Yessirs......Hayden was already a Director of CKs Nevada King

[MaterialsMan]

Do you suspect that he may have been placed on the board for appearance only? If the other board members are yessirs, what is the likelihood that the would say yes sir to Paul? Maybe if they did, something might done.