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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

Post by AlwaysLong683on Apr 28, 2021 11:16pm
264 Views
Post# 33088819

Something To Ponder......

Something To Ponder......
NFG's market cap currently sits at around $1 Billion Canadian.

If NFG's share price rises significantly more over the next couple of months, it could hit $1 Billion US.

As many on this Bullboard know, NFG's February 1, 2021 press release stated that the company filed a Form 20-F Registration Statement with the SEC in an effort to have its common shares listed on the NYSE American stock exchange and, subject to regulatory approval, expected its common shares to commence trading on the NYSE American ".....in H1 2021"' (which I assume means by June 30, 2021). Whether or not it will occur by this date is of unknown to me as haven't seen any updates on this subject.

Nonetheless, a $1 Billion-plus U.S. Market Cap plus a NYSE American Listing would, in my view, have a very good chance of gaining the attention of Precious Metals Analysts, Investment Banks, Small Cap Mutual Fund Managers, etc. in the United States, which could take NFG's share price to a whole new level.

Put it this way. Can anyone name a junior gold exploration company in either Canada or the USA that has the land package size and potential of NFG combined with assay results that are off the charts....?




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