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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

Comment by megacopperon Jan 27, 2021 5:32pm
242 Views
Post# 32402760

RE:RE:looking good

RE:RE:looking good

unclejerry wrote: It is looking good, If one has the funds, then any opportunity to pick up more on these types of significant dips is a good idea. 

 

The overall market took a bit of a hit today which didn't help our cause. I guess NFG was due for a correction. Great opportunity for any new investors to take a position or others to increase their holdings. NFG is sitting on lots of high grade gold but it's going to take a lot of drilling to prove up a significant resource. We will have to exercise patience.

 One to keep an eye on is ESK in the golden triangle of BC. I'm hearing they are onto something really good that should be positive for them. Might be worth a trade while we wait for NFG to settle out. 

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