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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

Post by Flyderon Jul 28, 2021 6:02pm
300 Views
Post# 33618361

Lab results from anybody?

Lab results from anybody?Save for LAB, all the Nfld stocks that I follow have not reported any results for a few weeks now.  Is there anyone on this board who lives near, or knows someone who lives near, Springdale, where the assay lab is?  I can't imagine how big of a yard they must have that must surely be overflowing with core waiting to be assayed.  Are they on strike or something?  Weren't they supposed to be doubling in size?  Sure seems to be a huge bottleneck that puts the brakes on this incredible gold play.  Summer doldrums are bad enough, but throw in a slow lab ...and we wonder why the stock prices are falling? 

The silver lining is what will happen when that bottleneck bursts open and assays up the ying-yang will be flying all over the newswire.  Maybe NFG will get back to announcing whopper holes on a weekly basis again.  For awhile in the spring, one could hardly catch their breath before more assays were released that would beat prior results.  And the climb in the stock price during that time was utterly head-spinning.  Will we return to that scenario once the lab figures out how to increase production?
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