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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 Littleon Aug 04, 2021 8:58pm
255 Views
Post# 33652811

Confused

ConfusedHi  I'm just a small invester long term invested in NFG   I have invested in over 2o juniors and I have done both good and bad . I just want to add what my view on NFG  the good points that's keeping me in long. It has a large claim 97 km. It hit bonazas on 7.8 km corridor Keats, lotto, and golden joint  and the gold is on the surface. That is like 3 mines in one sight. They still have a lot of land left to explore. They are just getting started. In a first world country, near airports, highways power. If these zones where 3 different companies the shares would be over 3 bucks each. If a company reported 10 gpt that would be great  results. These are in the 100's. And they ave alot more land to explore. This is huge. I don't get why people are selling I guess the selling will stop when all that are left is long holders. The last post posted about raising $100M IS common in all juniors . NFG has a $75 million float. I don't think they will need to raise more money any time soon. And the lawsuit is sour grapes, don't believe it will go far. It was there before the stock was at 1.44. Please correct me if I'm wrong. I think we should just hold our shares and If nobody sales for less it can only go up. Just my thoughts
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