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New Found Gold Corp 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 lifegoesonon Aug 30, 2020 1:04pm
183 Views
Post# 31476844

RE:RE:RE:NFG KES GBR

RE:RE:RE:NFG KES GBRDiabase.... ROX is well positioned, looks like this push is for Anon to let loosen stock to raise some money for drilling. Many companies are moving to the NFG gold rush, and why not, the cores that NFG kicked out are spectacular.... why else would they be able to raise such a large amount of money. As my dad said, follow the money.... Eric Sprott is in NFG, and now put money in SKYG. I think the biggest bang for everyone's buck is 1) companies with low number of shares (more explosive upside potential because of less sellers) and 2) money in the bank raised at higher prices. SPTM has over 130 M shares out (just raised 477 K but at a cheap price of $0.05), ROX is sitting nicely with a little over 45 M shares (but only raised $200K, so I suspect they need to raise more soon, thus the move and pressure last week), and SKYG is also nicely  positioned with only about 60 M out (also just raised $2M with Eric Sprott but at a better and less paper price of $0.10). Bottom line, if NFG attracts enough attention from the US, then all are going to play, and those with the most money and good share structures will play harder because there will be less selling. Good Luck. Next week and the fall should be really exciting.
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