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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 Mar 27, 2024 4:33pm
91 Views
Post# 35956496

RE:The New Paradigm ?

RE:The New Paradigm ?

There is a tide in the affairs of men Which, taken at the flood, leads on to great fortune.

What did my post of yesterday say ?

The move yesterday by Firefly to take an initial position in Maritime by at the same time as Uncle Eric began a position in Firefly presaged the omnibus consolidation of the three major players in NL mining consortiums .

Those, for the unitiated , are Firefly, Maritime and NFG.

Some May be surprised to see Maritime in this trifecta but , then again, many investors are blinded by their own light.

Of course, I could say that seven other mining companies owning shares of Maritime would differ in their investment perspective of Maritime and it's obvious Hub to the spokes being added by NFG and Firefly.

Lets not forget that Firefly owns the Pickle Crow project in the Red Lake District of Ontario .

It has 2.8 million ounces of gold at 7.2 grams per ton, with about 75 % above 250 m....and whacks of exploration upside.
Its backed by $1.8 billion Bellevue Gold.

I think that NFG can match this and more  in their shallow discoveries but that is merely my personal mensuration .

Regardless, this trifecta unison is made in heaven in my opinion .

It has everything including necessary Spinouts that would unlock the unrecognized value of QW South and Pickle Crow .

Uncle Eric will probably participate in Fireflys next financing to resume expanded production at its Ming Copper-Gold mine which will consolidate its milling operations at Nugget Pond operations with those of Maritime at Nugget Pond and Point Rousse.

I fully expect that NFG will Soon consummate its tolling agreement with Maritime beyond which the new spokes of the trifecta business model will become clear .

The Flood is near upon us..

AIMHO

and

Good Luck to All







 

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