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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

Post by Terry21on Oct 30, 2020 12:34am
207 Views
Post# 31811225

NFG’s Keats Zone Compares Favorably with KL Swan Zone

NFG’s Keats Zone Compares Favorably with KL Swan Zone

https://www.321gold.com/editorials/moriarty/moriarty102920.html

This is going to be a giant home run for everyone involved. When the shares get above $5 in US pesos brokers in the US will be allowed to recommend it. I’d highly suggest to management that they prepare for a US big board listing right now. I think Queensway is bigger than Fosterville. And I believe it will make the same sort of contribution to the market cap of NFG that Swan did for Kirkland Lake.

Today NFG has a market cap of right at $450 million Canadian. That’s going to change a lot in a hurry. Investors at this price are going to see a return of hundreds of percent. Soon.

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