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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 likeikeon Feb 10, 2021 8:50pm
126 Views
Post# 32533538

RE:RE:RE:RE:convo

RE:RE:RE:RE:convoListened to it a couple of times but getting the logistics to work in that type of terrain

could be problematic.

Only one I can think of is Ventanna resources who more than 10 years ago had to 

draw up a plan to build a shatft a mile down from the top. It was projected to take 2

years to build it before they could get down and drill out the rest of the resource.

I am not saying it is the same problem but regardless the terrain could add years

to development.

Regardless when Sprott buys 10% of a company it has instant credibility to be a

winner even though he plays the odds and has his share of nowhere stocks 

No question they have the gold up top and looks good down below and has QH 

excited. How many QH homerun plays are there IKE
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