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 > NYSE Listing

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Comment by rgvgolfon Apr 23, 2021 12:15pm

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Post# 33055420

RE:RE:NYSE Listing

If this is a25million ounce resource valued at $25 per ounce in the ground, on a buyout basis its worth $62.50 per share assuming about 200 million shares outstanding. I believe there are approx 150 mill. now. Im new to stockh and very inexperienced but hold afairlylarge amt of shares. Based on daily share sales its looks like the real players are not involved yet.

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