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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 DanWarrenon May 06, 2024 3:05pm
91 Views
Post# 36025530

RE:RE:RE:RE:Lots of idiot posts by Bucc and followers today and

RE:RE:RE:RE:Lots of idiot posts by Bucc and followers today and Just GGG's keeping the vast historic record of all the very high grade hole NDG has hit is invaluable.

These gold stocks, esp. the explorers, take Long time frames as they explore, and later develop , if successful, their projects.

NFG is like the Road Runner , compared to the rest of the run of the mill explorers, which are more like Will E. Coyote.

GGGs long list of historic drill holes, in order by time frame, is jaw dropping when one views it. It's easy to forget the massive progress NFG has made in fantastic drill results, due to the slow moving nature of exploring such a vast property as Queensway.

Viewing GGGs list makes you realize Queensway may be one of the most spectacular gold discoveries in North America in many decades.......

Maybe, as Erich Sprott has said, based upon one geologists study of Newfoundland vs the Abitibi greenstone belt, which has produced around 200 million ounces of gold over the past hundred years or so, Newfoundland is comparable to the Abitibi.....and if so, it appears that Queensway is in the commanding position of gold mining in Newfoundland....there is no telling how much gold is in Newfoundland, and contained in Queensway.

NFG is priced as if there is just a few million ounces. CHances are that Queensway may well have multiples of that amount, and high grade, and much near surface. And, all in easy access of roads and Gander, a town of > 10,000 with skilled mining labor force. And Queensway is accessible year round.

It just doesn't get any better than this for gold exploration companies, with the option to start producing from open pit ASAP, if NFG chooses to do so.

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