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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 Retiredgeoon Mar 26, 2022 2:27pm
229 Views
Post# 34548490

Lassonde curve

Lassonde curveNFG will be in the exploration phase for many years to come.  During the exploration phase it will go up and down with the drill results.  It will probably be bought up long before the development phase.  

The share price peak of last summer wasn't the top of the Lassonde curve.  It was just an exploration peak and should be regarded as such.  The peak fizzled because of problems within the assay industry followed by the BS with the assay results.
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