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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 23, 2022 6:37am
161 Views
Post# 34625895

RE:RE:RE:RE:Possible NFG Suitors

RE:RE:RE:RE:Possible NFG SuitorsThis is yet another rehash of the argumrnt that Eric and Colin are in a hurry to sell.  I couldn't disagree more.  They are sitting on a giant mountain of gold!  Why sell it for peanuts when they don't have to?  If the majors won't give them a premium price for NFG for all the reasons which you just stated **** them!  They don't need the majors to advance this project.  Eric has got financing coming out the yinyang!

From the financial post article it sounds like Eric will be quite happy to leave his shares to his daughters.  They can sit on them for the next 50 years.

Some sort of deal is in the making but it may not be the all or nothing deal for peanuts which you predict.
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