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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 Malpeque2on Nov 15, 2022 10:33am
74 Views
Post# 35099736

Hey Cliff

Hey CliffYou have made your point.   Why Flog a dead horse?     I have been negative on NoF&8kingGold for about over 1 year now.     The resource has not grown much in 1 year and the CASH has shrunk with the drill programs.  As has the future opportunity set of locations.   Lotto North recent add looks smallish at  1-2 meters width at good grade,  but down fairly deep.  So it doesn't move the needle  much either.     

The company market cap has shrunk in the past year,  into the number of ounces,  as the number of ounces has not grown....or bairly grew.   

I am interested to know how big do you think this resource is?       Show your assumptions you have made to come up with a number,  not just a number.      Thanks.   
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