Newfoundland Gold Camp Message Board

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Gold/Mining/Energy : Newfoundland Gold Camp

NFLDF 0.0506

+8.8%

Oct 29 3:56 PM EDT

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To: Roads End who wrote (235)	5/4/2022 4:48:29 PM
From: sense	of 254

For NFGC... another 65 meter extension of Keats... or, another dot to connect with other dots... drawing them all together into one continuous story ? Hmmm. I asked that before as... does that hole just reported mean they added 2 meters of high grade... or 65 meters ? But, this one says... not that they added 65 meters on trend... but that they added a previously unknown structure to the trend composed of other structures... But, that leaves it unknown how to judge it... in terms of meaning and implication re the rest of the trend ? And, of course... they have how many drills turning now... and how many holes getting reported ? If / when they do a big data dump... the volume gets lost in the noise... and will until it begins to resolve itself from "reporting holes" into "a resource model"... Also, still low balling it all... by drilling parallel holes that reduce the resolution of the picture generated... And, still mostly "scratching around on / near the surface"... which is rational as looking for the high grade that's easiest and cheapest to model as value that's easy to mine... but... deeper... ? How far down do they have to go... before the gold runs out ? And, what will the grades do... and the scope, scale shape and size and angular extension of the structures... as they go deeper ? I'd love to see them use some of the tools from oil exploration... to see what the seismic reflections show about the nature and extent of the deep structure... and, then, it may still turn out that although mining near the surface is cheaper... mining where the most gold is most concentrated... is most profitable...

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