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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 megacopperon Jan 10, 2023 8:36pm
187 Views
Post# 35214769

RE:RE:those news are at best mediocre.......

RE:RE:those news are at best mediocre.......

Retiredgeo wrote: This is not follow up drilling nor is this definition drilling.  This is grass roots exploration.  They are systematically drilling both sides of the Appleton fault to see what they see.  A success rate of any kind means they found something.

 


Exactly retiredgeo. They are building on an already substantial world class extremely high grade gold discovery. It keeps expanding with no end in sight. These types of discoveries are very rare in the world and this one fortunately is near existing infrastructure, like high voltage power, tch highway, and near towns. If investors don't understand the significance of all of that they shouldn't be investing in mining stocks. NFG has everything going for it.

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