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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 DanWarrenon Feb 18, 2024 12:44am
178 Views
Post# 35886390

Excellent Interview...

Excellent Interview...https://youtu.be/JXd6Q5PnNm8?si=aBRK7vtpzr5cF-vs

KER gold stock investment podcast interviews gold stock analyst Dace Erfle.

He comments on LIO, Dolly Varden ( silver stock), Vizsla Silver, I 80 gold, and the junior explorers in general.

Key is his comments on financing the juniors in this time frame of the worst environment in the junior resource stocks, and gold stocks that are major, too, in his memory ( likely worst in history, for all intents and purposes).

I think this interview sheds light on NFG laying off staff recently. And, Dave Erfle even uses the phrase 'race', that juniors are in a race to get financing, which has been my thought, that if we are heading into a hard time of recession and a falling or even crashing general stock market, it would be NFG's situation that they are in a race to shore up their defensive position. I.e. ability to obtain ongoing financing, or a solution to this, such as a strategic partner supplying a huge capital investment, or possibly to get mining using Maritimes mill, or both.

A very excellent interview.
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