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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

Metals & Mining Gold
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

New Found Gold Corp > price ceiling
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Comment by Global1966on Sep 04, 2021 8:57pm
117 Views
Post# 33815006

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:price ceiling

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:price ceilingBoy, some of you guys get hot under the collar when someone points out facts.

In the original post, retiredgeo at point 7 said NFG, has $120 CAD in the bank. 

I say he is incorrect in that statement and it may cause some to think they do have $120 million cash. They definitely do not.

Working capital equals current assets minus current liabilities - not just cash
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