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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 > I asked CK why not just buy the mill outright? His answer
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Comment by Evenkeel123on Nov 10, 2023 8:41am
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Post# 35727892

RE:RE:I asked CK why not just buy the mill outright? His answer

RE:RE:I asked CK why not just buy the mill outright? His answerWell of course, dah, nozzoack, it means that NFG is years away from filling the coffers with money.
Their current funding, with their normal burn rate and actually larger expenditures coming if they want to drill deep targets, won't last very long.  Deep holes cost a fortune to drill.

I don't know why you think you can impress people with your fancy presentations when you know very well that most of what you talk about will never happen, but you like playing CEO, eh?  All the best!

EK 
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