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 > HALTED

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Comment by GoldCasinoon May 21, 2021 1:33pm

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Post# 33248635

RE:RE:RE:RE:RE:HALTED

jake12116 wrote:
Why would this not be about fantastic drill results?

This is most likely not about "fantastic drill results" for a couple reasons.
Generally, great news is not buried late on a Friday of a long weekend.
Actually, the opposite is done. Furthermore, NFG was involved in major
acquisitions recently and companies generally wait to release any material
news(especially if its favorable to them).
It is most like house-keeping news about the US listing.
HOWEVER, if one of the drills hit ELECTRUM this morning, all bets are off(dreaming now).
GLTA

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