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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 farmboy75on Jun 03, 2021 2:32pm
217 Views
Post# 33320320

Coming back strong

Coming back strongThe force is strong with this one. Looks like some big players used a momentary weakness in gold to shake a few shares out of weak hands. But you just cannot keep a good man down or a great explorer either it would seem. Gold fell on a 2.5% rise in the 10 year treasuries brought on by good job numbers stateside. But gold is coming back ,and I believe will continue to rise on inflationary pressures going forward.Oh ,and only 400 shares traded at 11.00. GLTAL
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