New Found Gold Corp V.NFG

Alternate Symbol(s): NFGC

Metals & Mining Gold

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.

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New Found Gold Corp > Great news

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Comment by Gord_Albertaon Jan 06, 2021 8:19pm

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Post# 32239183

RE:RE:RE:RE:RE:Great news

Bre-X was the first individual stock I ever owned. I bought at $5 a share; sold a few weekds later at $7. Made a 40% profit. Should have sold at $200; yet at least I made a profit... LOL

BlindBoy wrote: " I have not seen a drill program that big that did not find anything have you? "

umm ... well, one name does come to mind; not that I'm suggesting any semblance of a repeat scenario here :) That would be "Bre-X", who had big funds buffalowed, and were assisted in their astonishing and spectacular "gold salting" piracy by one of the most respected engineering firms (at that time), Kilborn, whose involvement with the project assisted in giving it a degree of legitimacy.

Have to admit though, it was fascinating to watch it rise from $0.10 to $280 !