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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. The Company is 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 an 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 also owns a 100% interest in the Kingsway property, which consists of 264 claims on three licenses covering approximately 77 square kilometers. The project is located approximately 18km northwest of the town of Gander, Newfoundland. The Company is undertaking a 650,000-meter drill program on Queensway. It has royalty interests underlying Keats South and several additional zones in Queensway.


TSXV:NFG - Post by User

Comment by Kewl002on Aug 26, 2021 9:48pm
159 Views
Post# 33774349

RE:RE:compared drill results to bre-x

RE:RE:compared drill results to bre-xYes -- I remember Bre-X well.

It cost me mega $$$$ and all I have to show for it is a stock certificate for many thousands of shares that I could use someday to adorn a bathroom wall  -- buried in my files it is.

Experience didn't stop me from going all in on NFG though but it did teach more about what to look for -- filled last order today @ $8.38 and am tapped out.  $400 if a few years is not out of the question -- IF mgmt team can keep control of the company and we get a good run of drill assays over coming years. Am so very pleased that this is in Newfoundland and excited for the province as well as NFG.

Suspect that agreemnet with financing companies was NO announcments in August to enable them to move shares smoothly -- they make money down to below $8 (commissions) so am hoping this is over swiftly and announcments begin again next Wednesday.

Wishful thinking perhaps but a 3000 g/m assay (as has been discussed over past week or so) would be a nice start. I've no doubt that they have the next 5-6 PR's already in the can and just awaiting the trigger pull. Some before the AMEX start date to warm up the market and some after giving US a chance to buy-in...........

Pure speculation of course..........
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