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.

TSXV:NFG - Post by User

New Found Gold Corp > Investor information on NFG

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Comment by megacopperon Mar 15, 2021 9:08am

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Post# 32797269

RE:RE:RE:RE:RE:Investor information on NFG

dove19 wrote: NFG has 150.0M sh o/s at $4 C. This is a market cap of $600.0 M C$. To go to a market cap of 16.0 B$, that would put NFG at 26.66$
The Swan zone deposit of KL has a AISC of $312/oz. andf it is a deposit that is much much deeper than NFG. So an (E) AISC of NFG at 250$ max max and 10.0 M oz. min min the market cap of NFG has room to go much higher than $26.C
Just a calculated estimate.

NFG with 150 million shares o/s with a 16 billion market cap would put it over $100 a share.

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