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Bullboard - Stock Discussion Forum 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... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > Press release
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Post by Retiredgeo on Jul 03, 2024 6:54am

Press release

As I predicted a year ago they are extensively channel sampling the KMZ in 2024.  I also predicted that the channel sampling would be a prelude to surface mining of the KMZ in 2025.  We shall see.

I see the same pattern repeating at Iceberg.  "The shallow portion of Iceberg demonstrates robust grades".  Sounds like a plum that they want to pick.

Yup, the company was our greatest competitor every time the share price poked above $5 CAD.  On ther flip side the balance has declined only slightly to $54 million.
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