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New Found Gold Corp NFGFF


Primary Symbol: V.NFG Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises a approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company is undertaking a 500,000-meter drill program at Queensway.


TSXV:NFG - Post by User

Comment by Gangstermeon Jan 18, 2023 3:04pm
128 Views
Post# 35231367

RE:RE:Financing disaster

RE:RE:Financing disaster

One only has tax problems when one is making money. So, the people buying these shares have taxes they want to offset. Ergo they are making money somewhere, somehow. I have no problem taking guidance from and following people that are making money. The people or companies buying these Charity Flow Through shares are fairly or very wealthy in that they can afford to make large charitable donations. 

As an aside, I have heard many individuals make statements about losing money, Nobody purposely loses money, tax loss selling is only done in order to write some of the loses against taxes owing. 

This whole charity flow through idea is to help Canadian exploration and at the same time encourage cost effective charitable donation. 

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