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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 GoldCasinoon Apr 25, 2021 2:22pm
270 Views
Post# 33063695

RE:Eric Sprott buying more

RE:Eric Sprott buying moreAs most of you well know, Eric Sprott has a stellar international reputation within the metals and mining investment industry. He is considered the Warren Buffet of the precious metals sector and many people are influenced by his stock purchases. No doubt, NFG has been a beneficiary of his participation as far as PR is concerned. At this time, the majority of participation in this Newfoundland gold story has been from within Canada. The big holders are pretty much uniquely Canadian. This stands to reason as the discovery was made within its boaders. At some point very soon, this entire regional play will be very big news. Will it be the American listing, NFG's PR firm or confirmation of Swan-like deposits, who knows. You can only keep the lid on a play of this significance and size for so long. At some point it will attract global interest and much, much deeper pockets. When all of that collides with a small trading float, look out above. We are only at the very beginning of this incredible ride!
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