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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 1rockiton Jun 28, 2021 4:45pm
236 Views
Post# 33461125

Why ;

Why ;Why would someone sell . Think about it. If the stock didn't go up because of the last results, and they were stellar. It's because its either fully valued or over valued. Take your pick . The company's already priced into the billions and they don't even know if there's going to be a mine !! A company isn't backed on 20 or 30 holes !! Personally I would sell and probably buy it back at half the price.
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