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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 BlindBoyon May 25, 2021 10:31am
228 Views
Post# 33259449

RE:Congratulations NFG Longs

RE:Congratulations NFG LongsA very adult acceptance for your own trade decision, Erin. Good luck with all your trading. 

The cumulative value of my own "newfie cluster" (NFG-SIC-LAB) has closed the ground on my main holding this year, moving from about about 20% of the value, to about 80% of the value of that holding.
Naturally, I have the occasional thought about how I could have doubled or tripled the size of that "cluster" (my #2,3,4 in holdings value), but I didn't, and it was because I had enough on that gambling table as it was, (there was no guarantee on how the drill programs would play out, only possibilities, probabilities, and hopes), whereas my prime asset was already proving great cash flow, net profits, and in the process of expanding it's operations very meaningfully.

Besides, the amazing performance of the "newfie cluster" has helped to balance out my portfolio. 
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