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 > goldanalyst - $ 5.00.............lol

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Comment by wajacon Aug 04, 2021 9:41am

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Post# 33647614

RE:goldanalyst - $ 5.00.............lol

I checked the drill results for FSX and they are not at all impressive and in no way compare with
NFG's. I suspect that the name "Fosterville" initially drove the stock. At .99 cents shares still appear to be over valued. SIC with far better drill results sits at about half the price.

The email I received from NFG yesterday indicating drill results by the end of summer is probably
a worse case scenario. We will probably have results well before that. It all depends on the back log at the labs. I don't believe thay are deliberately delaying releasing results pending an NYSE listing as I don't see that strategy having much advantage. JMHO

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