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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 Aug 13, 2021 9:27am
143 Views
Post# 33699920

Favorite lines from the Video

Favorite lines from the VideoES – I’m buying it for the long run here.  And if I think about selling it I think, ok, I’ll sell when somebody else figures it out and wants to come in and make a takeover bid.

ES – 8 grams probably produces 5x the profit of 4 grams.  So, you don’t need much change to have a dramatic effect on the profitability. 

BM – The Swan Zone at Fosterville made Kirkland Lake $20B.  What’s the upside for NFG? I don’t know, it’s just very big.

BM – Fosterville, right now, is the highest-grade gold mine in the world.  NFG could be bigger, could be closer to the surface. 

ES – There was a drill hole they announced that was better than anything that was at Fosterville.  I think that’s a pretty good measurement. 

ES – The Appleton is spawning these ore bodies.  Spawning them, one after another!  So, how many do we have here?  And we don’t need many to know that the shares are inexpensive.  What’s the number?  Are we going to have 10 of these?  15?

BM - When you hit the ball out of the park on the first time at bat, you’re never going to do that again.  So the question is, could they duplicate it?  Could they connect up the epizonal.  And the answer is yes.  And they have.
 

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