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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 > Focus is on Friday’s Job Numbers
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Comment by Global1966on Aug 03, 2021 12:39pm
212 Views
Post# 33642640

RE:Focus is on Friday’s Job Numbers

RE:Focus is on Friday’s Job NumbersThe price of gold is being managed by some big state players. It will take much more than job numbers to shake it from a narrow trading range. Only when it becomes absolutely clear to everyone that the Fed has stuffed things completely, then gold will take off in a big way.
Meanwhile it will be over 2 months before we get any update on Keats. This is when the NYSE listing happens. No news equals a stagnating share price.
That is good news for true believers who can put away a few more shares until the news flow recommences.
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