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

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Post by lithomonon Mar 23, 2021 12:20am

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Post# 32856191

45 Feet approaching 2 oz's Gold per ton Drilled

For sure, NFG will be held TIGHT & likely easily uptick to $10 and most likely run to where Great Bear is currently priced (~$17.00) before a major company buyout offer is proposed.

I believe the other Newfoundland darling discovery in the 1990's, Diamond Fields, was acquired by INCO for $4.5 Billion or around $175.00 a share pre-split.

There could be one heck of a share price runway for NFG.

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