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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 Retiredgeoon Apr 05, 2022 4:57am
165 Views
Post# 34575629

RE:RE:RE:Range bound

RE:RE:RE:Range boundQueensway isn't a mine, it is a new mining district analagous to the Abitibi.  None of the big investors are walking away from this story until they get bought out.

Eric saturation buys.  He keeps the best and gets rid of the rest.  If NFG needs another 140 million for 400,000 more metres of drilling it will not be a problem.

Bloggers are comparing this story to this mine or that mine.  None of these comparisons hold.  Please broaden your viewpoint to include dozens of mines being developed along the Appleton fault over the next 50 years.  I can count four already.  Only another several hundred kilometres of strike length to go!

I no longer give a **** about this mine or that mine.  I invest in mining districts.  Queensway checks all of the boxes.  
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