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 > Buyout on the table.......?

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Comment by megacopperon Jun 08, 2021 6:10pm

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Post# 33352371

RE:Buyout on the table.......?

Delphi008 wrote: Luke Burgess speculates that the reason everything has gone quiet is a deal in in the works. He has a good nose for these situations, let's see if he's right.....!

Well a major can make an offer but these guys aren't selling. They know what they got and it's worth multiples from current levels. These guys are building an empire. New Found Gold will become a major producer. I would be shocked if they sell. There could be an offer made but they ain't selling.

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