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 > $30 TO $50 BUYOUT??!

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Comment by megacopperon May 21, 2021 5:35pm

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Post# 33252584

RE:$30 TO $50 BUYOUT??!

speedyg999 wrote: DON'T SELL IT FOLKS; HANG IN THERE TO THE END!

Yep I think $30 to $50 is possible. And if the price of gold soars this year to $3000 plus an ounce we could see NFG hit $100 a share if they keep pulling holes like today. It is an extremely rich gold system worth tens of billions of dollars in the ground metal value. Hopefully they decide to put it into production themselves and produce 500 000 to a million plus ounces a year.

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