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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 suregold1on Apr 16, 2022 9:04pm
169 Views
Post# 34607999

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Investment Bankers

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Investment Bankers
You should go back and watch the video linked a few posts back. Sprott makes no bones about his intention nordoes CK! They wil both sell once they find someone (major) who recognizes what he does. There is no intent here by either to develop a mine or provide a legacy. Sprott is a cold hearted investor who will exit with the profit he considers adequate. Palisades is an investment bank. Study their website and you will understand their intent perfectly. Retail has no input whatsoever into what happens. They control 62% and with management over 65%. Game over once they get what they want. A vote will be but a formality to appease the legal exchange guys.
I doubt they will give it away, but once again I will point out that MAJORS WILL NOT OVERSPEND EVER AGAIN FOR A PROPERTY! Most of them almost went bankrupt in the 2010-2011 madness! You can only sell for what the market is willing to pay. Talk of 10 or 20 baggers from here is an exercise in futility. Ain't gonna happpen.
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