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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 eldrecoon Oct 04, 2023 6:27pm
48 Views
Post# 35669973

RE:RE:RE:Great news today again

RE:RE:RE:Great news today again
JeffHealyBand wrote:
It's a tribute to just how valuable this new Gold discovery that so many shorts keep changing their SH ID every day in order to try to keep their lies fresh(unlike you Dentedhead I dont lie. I dont short stocks either loser).  
Regardless, with 1 million tons of processing capacity(what does that even mean. 1m tonnes per year? Its a 1400 tpd mill. It can process nameplate for say 300 days/ year. Leaving 65 days a year for maintenance and disruption so 420k tonnes a yr assuming they mill at around nameplate capacity. So whats the 1m tonne capacity you speak of loser?) ready to go (ready to go except for the fact its two months later and they are still Mou-ing on a contract. Moo Moo), there is little doubt that at least 200,000 ounces per year(basher is now lowballing down to 6.2 gms/tonne if that 1m tonnes was per year. And you are a long way from open pit mining because first you have to study it, get the permits in place, etc etc)from the three shallow open pittable QW discoveries todate will be producing 
within the year (you dont mind if I bookmark that quote right:). That will unlock some of the early value but there remains the much larger QW South which has been barely drilled. That will be a great Spinout  for YKW...(know nothing loser)

Hey Bucc...DO keep trying to chip away at this company...you are only making us stronger!

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