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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 Mar 01, 2021 1:47pm
158 Views
Post# 32686661

RE:RE:Great news!!!

RE:RE:Great news!!!

Lafajet wrote: Excellent summary megac. I hope the broad investor community really understand what this case is up to; a once in a lifetime chance to participate in what could be one of the greatest discovery in North America.

 

I think what scares off potential investors is the market cap. Most don't want to take a chance on a junior with a half billion market cap. But they fail to see how special it is to have a deposit with extremely high grade so near surface. For us guys who have been following along for months we can see that the Queensway property is developing into a world class high grade gold discovery that will be worth billions. Take advantage of the markets slow reaction and build a sizeable position at these levels because eventually NFG will be trading at multiples to today's share price. 

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