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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 BlueChipper2020on Jul 27, 2021 8:10pm
171 Views
Post# 33614598

RE:RE:RE:RE:RE:NYSE listing

RE:RE:RE:RE:RE:NYSE listing
toller1 wrote: I stand by what I said there. It would be a much quicker pay day if they would sell after they drill out 600k meters or so. But I feel now they are serious about developing a mine in many stages. They may even entertain a major as a partner. I am 65 yrs young, probably not a lot of blue sky ahead of me. That's just where I'm at if you know what I mean.



No, there is nothing that indicates either of those avenues. They are drilling out a 200K program and doing very well. Nothing more or less at this point. Long way to go. You do not need to have a mine to make money.

More importantly, if you are 65 years young, you should be invested 100% in blue chip dividend payers and playing golf. Why you are investing in any junior explorer?. Stress no good. 

BC
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