Investor discussion of TSXV:NFG: reactions to drill results, financings and press releases, sentiment and price targets from the OreStocks mining-stock community.
The Fosterville comparison keeps coming up but Fosterville was never an open pit at 1.65 g/t on a 6:1 strip. Different animal. Ill judge this one on the high grade shoots, the bulk tonnage is a distraction.
sprott's still anchoring $NFG.V. with majors light on near-production discoveries and sitting on cash, NFG is in a place where strategic interest makes sense even before the next MRE prints
share count on $NFG.V went from 100m to 400m getting funded to production. dilution is done, no more raises planned. fully funded is a different bet shape than what most juniors face
$NFG.V is already a producer through hammerdown which is the smaller, faster-to-cash asset. queensway phases in alongside that. earnings start showing up in second half this year if everything tracks
the ECCC environmental project posting for queensway on $NFG.V quietly moved things forward this week. filed end of april, took a week to show on the website. should help the timeline visibility on the production track