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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 9:59pm
219 Views
Post# 33614885

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

RE:RE:RE:RE:RE:RE:RE:NYSE listing
BlueChipper2020 wrote:
megacopper wrote:

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.

 


Fair enough. Everyone's situation is different. But I think you will see things develop much faster than you think with regards to a mine. NL govt is fast tracking mines in this province for anyone who wishes to begin a mine. Very mining friendly environment. Eric Sprott is in his mid 70's and he has been investing heavily in this company right up to $12.85 a share. I think NFG has lots of upside short term and long term.


The talk around town is NFG is continuing to hit lots of visible gold in drill core just like they have since day one on this property. It's hard to keep things quiet with so much butter staring you in the face. This is an incredible gold system. Some of the very best gold intersections on the planet at Queensway. Nobody can disagree with these facts. I still feel the best is yet to come with regards to drill results. I suspect you are seeing a turnover in the stock right now from speculators to more long term investors. These astute investors realize that Queensway is a high quality asset and once it goes into production the profits will be absolutely huge. Just think 3 or 4 Swan Zones (Fosterville) producing gold simultaneously all near surface. I don't think I need to go into details of the mind blowing numbers with that scenario. 


For anyone that doesn't get it they still have two or three weeks to try and figure it out. Keep doing your due diligence. Read up on the high grade zones at Fosterville and it will give you a sense of what NFG has at Queensway except it's all near surface and there will be many many more high grade zones. They already have 3 zones with 15 more targets and not just near the Appleton Fault. Lots of butter near the JBP Fault as well and it's over 12 km long. The cheap shares below $10 will be running out soon enough. 

 



Mega You are 100% correct. I can guarantee anyone we are going to continue to see magic and that is why they are going to NYSE Amex level. This is no screwing around here and the real Wall Street big boys will be here soon. NFG did this listing for a reason folks. GLTA BC


After another glass of wine I must say NFG is so crazy nuts that you gotta understand this industry very well to know that. The price action is tightening the 1.5 Billion valuation. Think dummies 101. NFG is the Amazon of junior mining. Making money here will be like robbing mother earth in the next several months. BC PS Cab Sav California
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