Next 15 Share Discussion Threads

[lageraemia] 10/7/2024 15:01

These guys are proving up an entire province in a rational and systematic way. The local government is pro-mining and Eric Sprott is deep to his considerable balls as well.

There isn't much mining infrastructire in the region so 250mils is the nearest site for tolling procesing as as the easiest way to get revenue started. The grades in Gramsn per ton mean there will be a lot of gold on the truck and recovery costs per Oz will be in the lower range.

The company should be called Newfound Golden Ticket.

[wskill] 10/7/2024 12:07

Why is it taking from 2017 to 2024 to complete a survey will the gold mine ever get built I wonder ,and why send rock for tolling 250 miles if the grades are so good a plant near the mining area will surely be a better option .

[stu31] 07/7/2024 23:42

New Found Commences Surface Trenching at Iceberg
July 3, 2024
Vancouver, BC, July 3, 2024 – New Found Gold Corp. (“New Found” or the “Company”;) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the initiation of surface trenching at the Iceberg Zone at its Queensway Project (“Queensway221;), located on the Trans-Canada Highway 15km west of Gander, Newfoundland.

Highlights:

The Iceberg surface trenching program will focus on excavating between 1-12 meters of overburden that covers the projection of the Iceberg Zone at the bedrock surface, exposing 220m of strike length over a 105m wide area, which corresponds to a core segment of the surface expression of the Iceberg Zone (Figure 1).
Excavation of overburden covering the surface of the zone is expected to allow for a detailed analysis of the geological and structural models currently defined through drilling.
Excavation work is underway and it is estimated that the trench will take 8-10 weeks to complete, followed by a detailed geological mapping program expected to be completed in Q4 2024.
The Iceberg Zone starts approximately 4m below surface at bedrock and when combined with the Iceberg East segment has been drill defined over 680m of strike length and to a depth of 180m. The shallow portion of Iceberg demonstrates robust grades over significant thicknesses, a hallmark characteristic of the zone. Previously released near surface highlight intervals from the area to be trenched include:

Table 1: Iceberg Near Surface Drilling Highlights
Note that the host structures are interpreted to be steeply dipping and true widths are generally estimated to be 70% to 95% of reported intervals. Infill veining in secondary structures with multiple orientations crosscutting the primary host structures are commonly observed in drill core which could result in additional uncertainty in true width. Composite intervals reported carry a minimum weighted average of 1 g/t Au diluted over a minimum core length of 2m with a maximum of 4m consecutive dilution when above 200m vertical depth and 2m consecutive dilution when below 200m vertical depth. Included high-grade intercepts are reported as any consecutive interval with grades greater than 10 g/t Au. Grades have not been capped in the averaging and intervals are reported as drill thickness.
Keats Trench Update:

In 2023, the Company completed (November 17, 2023) a surface trench of the Keats Zone, exposing 200m of strike length over a 150m wide area.
The Company is in the process of completing a high-density surface channel sampling program at the Keats zone trench that began in early May 2024 and is expected to be completed by mid-July 2024. This sampling program has been designed to systematically test the exposed 200m strike length of the Keats Zone along 7.5m spaced cut channel samples with approximately 1,650m of cut channel samples.
Greg Matheson, Chief Operating Officer of New Found, stated: “Trenching along a 200m strike length of the Keats Zone in late 2023 has yielded a great deal of geological information and significantly strengthened confidence in our sub surface 3-D models. Having the ability to observe large surface exposures of mineralization provides added confidence beyond what can be garnered from drilling alone, paving the way for more accurate modelling. We want to de-risk Iceberg in the same way by exposing the bedrock surface above the zone. Like Keats, Iceberg was blind, it does not outcrop at surface but rather exists under a thin layer of till cover.

“The ongoing systematic channel sampling program at Keats is expected to provide significant insights into the grade distribution across the vein network associated with the Keats-Baseline Fault where the vein model is now very well constrained as a result of having the trench exposure. The process of mapping and systematic sampling across our key zones is an important step and one easily accomplished at Queensway since many of our mineralized zones extend to the bedrock surface with limited cover. It is exciting to know we will have the first glimpse of Iceberg in a few weeks’ time.”

The Company is pleased to provide a quarterly update with respect to the Company’s at-the-market equity offering program (the “ATM”) implemented on August 26, 2022, pursuant to an equity distribution agreement (the “Equity Distribution Agreement”) with BMO Nesbitt Burns Inc., Paradigm Capital Inc. (together, the “Canadian Agents”) and BMO Capital Markets Corp. (the “U.S. Agent” and, together with the Canadian Agents, the “Agents”).

From the commencement of the ATM to June 30, 2024, the Company issued an aggregate of 9,539,695 common shares in the capital of the Company (the “ATM Shares”), through the facilities of the TSX Venture Exchange and NYSE American, at an average price per ATM Share of C$5.37. From March 31, 2024, to June 30, 2024, the Company issued 2,925,552 ATM Shares, at an average price per ATM Share of C$4.71, for aggregate gross proceeds of C$13,784,148. Pursuant to the Equity Distribution Agreement, a cash commission of C$323,927 was paid to the Agents in connection with the issuance of the ATM Shares during the last fiscal quarter, resulting in aggregate net proceeds of C$13,460,140.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Qualified Person

The scientific and technical information disclosed in this press release was reviewed and approved by Greg Matheson, P. Geo., Chief Operating Officer, and a Qualified Person as defined under National Instrument 43-101. Mr. Matheson consents to the publication of this press release dated July 3, 2024, by New Found. Mr. Matheson certifies that this press release fairly and accurately represents the scientific and technical information that forms the basis for this press release.

About New Found Gold Corp.

New Found holds a 100% interest in the Queensway Project, located 15km west of Gander, Newfoundland and Labrador, and just 18km from Gander International Airport. The project is intersected by the Trans-Canada Highway and has logging roads crosscutting the project, high voltage electric power lines running through the project area, and easy access to a highly skilled workforce. The Company is currently undertaking a 650,000m drill program at Queensway and is well funded for this program with cash and marketable securities of approximately $54 million as of July 2024.

[its the oxman] 04/7/2024 09:09

NFG seems to be a bit of a bargain sub 800p especially if it delivers in H2. This has been the pattern in past years so it's a credible expectation though UK election adds uncertainty. Anyway waiting for H1 results with intention to add more and hopefully management will continue to deliver and grow the business.

[tole] 01/7/2024 12:21

Peel Hunt: Tough conditions aren't troubling Next 15Marketing group Next 15 (NFG) is 'holding up well' against a tough trading backdrop and waiting to capitalise on a recovery, says Peel Hunt.Analyst Jessica Pok reiterated her 'buy' recommendation and target price of £11 on the stock, which dropped 11% to 798p last week after a trading update for the first four months of the year confirmed full-year profits will be in line with expectations and cash broadly neutral at year-end.'The trading environment remains challenging,' said Pok. 'Despite this, Next 15 is holding up well, thanks to its diversification.'She predicted that growth will accelerate in the second half, particularly within its 'transform' division.'This division has been impacted by project delays due to the timing of the UK election, thus we may see a reversal of fortunes into the second half,' she said.

[bulltradept] 27/6/2024 08:50

Thank you Tole.

[wad collector] 27/6/2024 08:44

Surprising share price crash for an "In-line" statement; guess the reaction is to a few words like soft, difficult and uncertainty , though ignoring the "despite" word!

[tole] 27/6/2024 08:35

Ex date not until 4th - agm statement hitting the price this morningFinal (Q4) dividendEx date 4/7/24Record date 5/7/24Pay date 9/8/24Amount 10.6p

[fs360] 27/6/2024 08:28

Next 15 Group plc("Next 15" or the "Group")AGM trading updateNext 15 (AIM:NFG), the tech and data driven growth consultancy, is pleased to provide an update ontrading for the four-month period ended 31 May 2024 (the 'Period'), ahead of its AGM being held today.Trading in the Period remained resilient, despite a tough macro environment. The Group has continued todeliver organic growth in its Customer Delivery segment offset by small declines in our other segments, inpart due to delays in some clients' spending, notably relating to government contracts in a period ofpolitical uncertainty. Spending across the Group's technology customers has remained soft.Consistent with performance in prior years, we expect revenues to be H2 weighted and trading conditionsto improve in the second half. As a result, the Board continues to anticipate that full-year profits will be inline with management expectations.The Group's balance sheet remains strong, and we expect to be broadly cash neutral at the year-end. TheGroup maintains a disciplined approach to capital allocation which enables it to take advantage of strategicopportunities as they arise. The Board will continue to prioritise organic investment in the business,alongside selective M&A, and continues to evaluate strategic options for returning excess cash toshareholders, including the current share buyback programme.Enquiries:For further information, please contact:Next 15 Group plcTim Dyson, Chief Executive Officer [phone]Peter Harris, Chief Financial Officer [phone]Deutsche Numis (Nomad & Joint Broker) [phone]Mark LanderHugo RubinsteinBerenberg (Joint Broker) [phone]Ben WrightMark WhitmoreMHP [phone]Simon Evans [e-mail] MenikouVeronica Farah

[bulltradept] 27/6/2024 08:24

XD 10% Fall.

[its the oxman] 16/5/2024 09:16

Bought in today. Feel a bit late to the party but hopefully much further to go. Also looks a potential bid target possibly.

[whittler100] 10/5/2024 15:56

DEUTSCHE BANK with a note out this morning with a target price, for what it is worth, of 1205p. Possibly accounts for the rise from mid-morning + up on decent volume.

[johnrxx99] 17/4/2024 03:40

That's weird, the results RNS wasn't flagged in ADVFN but was flagged in Sharescope. As it so happened I missed most the share price downturn, so I'll buy back.

Was a bad day all round, AT. missed and AWE gave a profit warning.

[ggrantsu] 16/4/2024 12:09

very unfortunate day to be releasing results...whole market down and so anything which was 'in-line' suddenly became a substantial downgrade...

their buyback behaviour in last few months has clearly been done on price limit basis - assuming they are now continuing the limit will have been moved up to £10 (from £9) or potentially higher...

feels like wrong time to sell given the market today.

[elsa7878] 16/4/2024 11:58

Revenue hit forecasts and eps slightly ahead. Buy back extended (though it was hardly evident - as apparently the limit was set at £9).
Results on their website but no RNS - strange.

[johnrxx99] 16/4/2024 09:00

Out early in the day. Should have been results.

[stu31] 12/4/2024 17:32

Hardly anything is moving up as you would expect with this gold price..basically nobody believes in this rally..yet

[lageraemia] 12/4/2024 08:55

At some point this is going to have run to catch up the gold price action.

We know the geology is Fosterville type mineralisation. There is visible metallic gold in the cores. The economics/metallargy are amazing. It WILL be a mine and we've yet to see the first ramp of the Lassonde Curve.

[johnrxx99] 12/4/2024 04:37

Results next Tuesday 16th, perhaps someone thinks they will be above consensus in view of todays rise. Well I can dream :-)

[stu31] 11/4/2024 19:33

Diving Into the K2 Discovery with Melissa Render, NFGC VP of Exploration (TSX-V: NFG; NYSE-A: NFGC)

[wad collector] 11/4/2024 18:34

Moving to a 1 yr high. To belated answer your question, No I can't remember all the charts of all my holdings that predate company name changes!

[lageraemia] 10/4/2024 19:36

More extraordinary results. The potential scale of this company is monstrous.

[stu31] 10/4/2024 16:11

looks like you are as busy on this as me ;) he gets it back from the bitcoiners so alls fair in love and war

New Found Intercepts 17.8 g/t Au Over 13.5m, 27.7 g/t Au Over 2.7m, 12.7 g/t Au Over 4.6m and 1.23 g/t Au Over 47.2m at K2 Zone
April 10, 2024
Vancouver, BC, April 10, 2024 – New Found Gold Corp. (“New Found” or the “Company”;) (TSX-V: NFG, NYSE-A: NFGC) is pleased to announce the results from 51 diamond drill holes that were completed as part of a drill program designed to expand and further define domains of high-grade gold mineralization at the K2 Zone located 725m north of Lotto and 2.2km north of Keats West on the west side of the highly prospective Appleton Fault Zone (“AFZ”). New Found’s 100%-owned Queensway project comprises a 1,665 km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador.

17.8 g/t Au over 13.45m in NFGC-23-1986, 12.7 g/t Au over 4.60m and 1.23 g/t Au over 47.20m in NFGC-23-1997, 27.7 g/t Au over 2.70m and 3.26 g/t Au over 13.85m in NFGC-23-1647, 14.5 g/t Au over 4.50m in NFGC-23-1883, and 31.2 g/t Au over 2.25m, and 26.3 g/t Au over 2.05m in NFGC-23-1962 are just a few of the highlight intervals that occur above 200m vertical that were intercepted as part of an ongoing program designed to expand and further define a central high-grade domain within the K2 structure that now spans an area measuring 180m long x 90m wide.
K2 is a gold mineralized system made up of multiple structures and crosscutting vein orientations that currently has a defined mineralized footprint of 490m long x 395m wide. The gold mineralization begins at surface and has been drill-defined down to a maximum vertical depth of 250m (Figures 1-5), where it remains open and untested. Much of the gold at K2 is found in the “K2 Main” structure (shown in red in Figure 3), a low-angle gold-bearing fault zone starting at surface that dips 30-40° to the southeast which shares a similar dip to Keats West and strike to the Keats-Baseline Fault Zone.
Within the overall K2 structure, there are multiple domains of high-grade gold in addition to regions with gold mineralization concentrated over broad thicknesses, typically occurring near structural intersections or areas of structural complexity. A few examples include the aforementioned central high-grade domain, as well as the previously released “Stibnite Vein” (see purple highlighted vein in Figure 3), which is located 250m up-dip and has produced several notable intervals including 3.48 g/t Au over 25.30m in NFGC-23-1783 (January 31, 2024) and 4.50 g/t Au over 12.95m in NFGC-23-1303 (August 28, 2023).
Exploration drilling has also led to the discovery of a panel of thick gold mineralization located near to surface, a further 65m south of the central panel reported in today’s release, where highlight intervals of 3.75 g/t Au over 14.55m in NFGC-24-2010, 2.87 g/t Au over 15.35m in NFGC-23-1645, and 15.6 g/t Au over 3.05m in NFGC-23-1971 were intercepted. This panel covers an area that is currently 200m long by 60m wide and is hosted within a potentially folded and uplifted segment of the K2 structure that is sandwiched between two crosscutting gold-bearing faults. Additional notable intervals that further define this domain include 1.27 g/t Au over 19.80m in NFGC-23-2004, 1.71 g/t Au over 15.65m in NFGC-23-1951, 2.79 g/t Au over 11.60m in NFGC-23-1962, and 16.0 g/t Au over 2.50m in NFGC-23-1986.
Additional infill results included in today’s release were completed in the up-dip, close to surface segment of the K2 structure, aimed at extending mineralization to surface. NFGC-23-1650 intercepted 4.03 g/t Au over 4.35m, 3.23 g/t Au over 9.80m, 1.82 g/t Au over 9.70m and 7.85 g/t Au over 4.75m and is 43m down dip of previously reported interval of 8.69 g/t Au over 12.25m in NFGC-23-1786 (January 31, 2024).
Melissa Render, VP of Exploration of New Found, stated: “K2 is an expansive and complex structure with a sizeable associated damage zone. Our growing understanding of this evolving zone has led to better targeting of high-grade domains and allowed us to expand on them and look for new areas that either were overstepped or found outside of the prior drill footprint. Recognizing the significance of the Glenwood Shear Zone has proven to be another important revelation, where K2 seems to have developed between it and the AFZ. This relationship is likely an important one to understand and opens the possibility that the Glenwood, like the AFZ is another conduit for channelling gold bearing fluids. Exploration will continue in the greater K2 area, both looking to extend K2 to depth, in addition to looking below it and adjacent to the Glenwood Shear Zone. Follow-up drilling is also planned on several interesting gold-bearing fault zones that were identified during our reconnaissance grid drilling program completed on the west side of the AFZ.”

Queensway 650,000m Drill Program Update

The Company is currently undertaking a 650,000m drill program at Queensway and approximately 3,600m of core is currently pending assay results.

About New Found Gold Corp.

New Found holds a 100% interest in the Queensway Project, located 15km west of Gander, Newfoundland and Labrador, and just 18km from Gander International Airport. The project is intersected by the Trans-Canada Highway and has logging roads crosscutting the project, high voltage electric power lines running through the project area, and easy access to a highly skilled workforce. The Company is currently undertaking a 650,000m drill program at Queensway and is well funded for this program with cash and marketable securities of approximately $53.6 million as of April 2024.

[lageraemia] 10/4/2024 09:07

I listen to Schiff a fair bit, but he spends a bit to much time winding up bitcoiners for my liking!

The podcasts I mostly listen to are:

Palisades Gold Radio
Mining Stock Education
Mining Stock Daily
Thoughful money (with Adam Taggart)
Live from the vault
Macrovoices
Macro Sunday
Macro Trading Floor
Quoth The Raven
Eurodollar University with Jeff Snider.
Rebel Capitalist with George Gammon

All of the above 'get' gold and monetary system and are inherently libertarian/Austrian economics.

The Palisades Gold Radio, Mining Stock Education and Mining Stock Daily are great for the company specific education.