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Newfoundland Discovery Corp C.NEWD

Alternate Symbol(s):  NEWDF

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

Comment by kazzmanon May 02, 2020 3:41pm
368 Views
Post# 30979768

RE:Sold GTG - Explanation

RE:Sold GTG - ExplanationWM did not sell any land to GTG.  GTG bought land from stakers/prospectors that staked the land before WM had the big hits and was a .20 stock doing nothing.  Wm clearly states in their news that they are trending northwest and feel the source of the gold is the Jeremy Pluton.  GTG is right on the pluton.

The new land to the south GTG just got is close to this new BAR hit

GTG will not need to finance.dilute because they have 2 million or so in the bank and are financed. The id a .44 flow with Eric Sprott taking teh back end of that...so it is well placed.  

Hope that clears up your confusion.  Congrats on your small profit and you can't go wrong holding BAR and WM...though the upside in much more limited due to market cap and size on those...though the  risk is also less.  I guess it comes down to personality and reasons to invest.  If you're happy hitting singles and doubles WM and BAR are for you.  If you want homeruns you need to be in the pre discovery stocks in the right settings with good share structures and solid backing.  I think GTG has those.  
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