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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 nozzpackon Oct 13, 2023 2:23pm
218 Views
Post# 35682732

Royalty Sales

Royalty SalesOur drilling results todate make our royalty potential a very good buy .
Current NSR royalties are by permit and cover about 70% of the permits.

Some of these offer royalty buybacks in whole or in part.

So, we still have a significant royalty assets.
NSR is of course not the only option .

This royalty potential is a latent asset contributing nothing to our market cap .

It would not be outrageous imo if we could raise $100 million this way.

No dilution and plenty of cash to get things planned to be done, done..
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