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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 JRafflesUKon Jul 27, 2021 3:35pm
154 Views
Post# 33611438

9c SP increase since May 19

9c SP increase since May 19


DATE - YEAR 2021

 
EVENT SP C$


MAY 19
 
Share Price before all the drill results below:- 9.20
MAY 21 142.2gt over 25.6m at Keats
14.9gt over 12.9m at Keats
 
JUNE 15 21.4gt over 8.05m at Keats
14.9gt over 12.09m at Keats
 
JUNE 23 150.3gt over 11.5m at Lotto
 
 
JUNE 30 430.2GT OVER 5.25M AT Golden Joint  
JULY 27 INCREASE IN SHARE PRICE SINCE MAY 19 0.09
JULY 27 SP AT 2.54PM EDT – PER STOCKHOUSE

9.29

 
 
Is it possible that at total of 75.39m of crazy high grade drill results after May 19th can only add 9c (Canadian) to the share price today.
 
If I were to offer the NFG directors 9c a share for the above drill holes, what do you think they would say to me?

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