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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 nozzpackon Feb 19, 2024 2:47pm
108 Views
Post# 35887817

RE:RE:RE:How to value mining stocks

RE:RE:RE:How to value mining stocks

My repeated demands that NFG use MAE mill ?

What a crazy statement .

Did you not know that NFG approached MAE for such a tolling MOU ....and wanted exclusively too..and then invested in MAE ?
Read the NR in case your recall is indifferent to the facts .

The only demands that I make is that early mining be given serious and warranted consideration both to generate internal cash flows, reduce share dilution and prove to the market that at least one economic deposit has been defined ...which I am sure they have in spades .

The beneficiation impact on the share price would be substantial .....which , as most shareholders are underwater , would be most desirable ..

 

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