Post by
nozzpack on Jan 10, 2025 6:12am
POG Above $2700 Again
Fact is no major is likely to buy us without demonstrated resource productivity .
Fact is, NFG shareholders would be better served if those ultra high grade open pit prospects were produced by NFG itself .
Getting a double after buyout , out of those largest seniors is about as high as one can expect .
We can get a 10 bagger by producing ourselves .
Fact is, with a milling capacity of 650,000 tons per year, Maritime's mills can get us 250,000 ounces per year , if the average open pit prospect grade is 10 grams per ton or higher .....which it is.
There is your 10 bagger without any capital cost for any on site mill and mining infrastructure .
Fact is, Maritime's hegemonic control of NL gold milling capacity won't come cheap , as it can generate a 10 bagger from its own gold resources.
A nice sweetener will be needed.
NFG has those sweeteners ....
It will happen..
AIMHO
GLTA
Comment by
unclebobby on Jan 10, 2025 6:22am
Sounds like a no brainer, time is,a wasting. It waits for no one