New Found Gold Corp V.NFG

Alternate Symbol(s): NFGC

Metals & Mining Gold

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

New Found Gold Corp > Cash burn

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Comment by Goldziggyon Nov 05, 2022 11:37pm

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Post# 35076610

RE:RE:Cash burn

Aces8s wrote:

Aces8s wrote: Cash Jly 30th 72

Cash Nov 01 say 55

Monthly burn 5.7

Survey 8 Ziggly was right, I checked Beaver

ST payables running 7 you dont want cash to drop below this at any time

Time to complete financing 5.7 m or 1 month

Et voila. Dan with his 140 IQ can tell you exactly when they will annoiunce a massive financing or continue purchasing atm. And dont forget to add 2 drills and get your ESG shiit together because you nned that nowadays and E aint taking more shares oi.

8s

Correction. They will have less than 22$ m burnable cash Dec 31.

8s

Thats quite funny. According to you they will spend 33 million from now till dec 31 hahaha. you have officially lost your marbles. Time to stop posting or get a new job. You look like a fool

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