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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. The Company is 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 an 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 also owns a 100% interest in the Kingsway property, which consists of 264 claims on three licenses covering approximately 77 square kilometers. The project is located approximately 18km northwest of the town of Gander, Newfoundland. The Company is undertaking a 650,000-meter drill program on Queensway. It has royalty interests underlying Keats South and several additional zones in Queensway.


TSXV:NFG - Post by User

Comment by Gangstermeon Aug 06, 2024 7:35pm
68 Views
Post# 36166741

RE:Housekeeping on SEDAR

RE:Housekeeping on SEDARBy applying for this the management obviously thinks that they can, should they decide, sell a bundle of shares. Never mind you and me, do you not think tha Sprottand Plaisades will and have had a say in this? The small investor here often seems to not realise and share dilution affects the big boys equal to us small folks.
This is why management personnel as well as principal investors are something to consider when investing, particularly in small exploration companies. Yes I have had a significant decline in my share value, so has Palisades and Sprott. Could they be wrong, absolutely,but they are not allowing the company to spend, spend, spend without what they believe is worthwhile. Just saying.
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