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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 GGGsOldFriendon Mar 23, 2022 5:21pm
102 Views
Post# 34539428

RE:RE:Inverted yield curve

RE:RE:Inverted yield curve Actually, raising the Fed Funds rate primarily impacts short term rates which serves to further invert the yield curve.  Further, an inverted yield curve is widely considered to be a final road sign on the way to recession.  My interpretation of an inverted yield curve is that we will get less rate hikes from the FED, not more.  

braindeadoldguy wrote: Yes Mega, you called it right.  This is going to turn fast.  I betchya the next rate hike in the USA will be more like 1/2 or 3/4 point, and as usual, the fed is behind that curve, they waited too long, and catchup will now be painful for everyone......................except gold!


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