Newfoundland Discovery Corp C.NEWD

Alternate Symbol(s): NEWDD

Metals & Mining Gold

Newfoundland Discovery Corp. is a Canadian junior exploration company. The Company’s projects include Bursey and Grub Property, Dickison Lithium Property, Newlands Property, Northbound Property, Robinson’s Salt Property, Rodgers Cove Property, Southern Star Property, Southwest Pond Property, Sugaree Property, Unity Group Property, Urban Thunder Property, Valentine Mountain Property and Voltstone Property. Its Grub Property consists of approximately 197 claims totaling 4,925 hectares. Its Bursey Property consists of 22 claims totaling 550 hectares. Dickison Lithium Property is located in Ontario, Canada and covers over 6,933 hectares, situated 54 kilometers (km) north of Terrace Bay. Newlands Property comprises 11 claims (237 cells), spanning over 4,962 hectares and is located 70 km southwest of Hearst, Ontario. The Northbound gold property has 56 mineral claims covering approximately 3,076 hectares, located 85 km northwest of the town of Matagami in northern Quebec, Canada.

CSE:NEWD - Post by User

Newfoundland Discovery Corp

Bullboard Posts

Comment by Scoop61on May 27, 2016 1:34am

84 Views

Post# 24909245

RE:SP should be at least at 30 to 40 cents

Agree $0.30 to $0.35 (approx. 5 million market cap) is a reasonable valuation at this stage for GTG based on the claims they have acquired.

All depends on if the market stays interested and the high trade volume continues. If we see 3 million volume tomorrow we will probably see the mid twenties again. Otherwise could pull back to 12 cent range.

However they will have to raise some capital to get the exploration and drilling going to get beyond this price range...

GLTA

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