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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 Dixiedeeon Mar 27, 2024 8:11pm
63 Views
Post# 35956922

RE:RE:Some life in the gold space

RE:RE:Some life in the gold spaceBoth are producers you are correct one of them was having trouble with open mining procedures and the acquirer has expertise in open pit mining and thinks they can get much more value out of it than the current operator .
Newfound Gold is not in this same position and anyone interested in newfound gold would be either buying in or buying a piece out right but newfound gold isn't going to make a deal before they have results to depth that my opinion wouldn't be wise for either party that being said iam not saying they should sell anything at this time 
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