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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 Global1966on Aug 12, 2021 3:55am
111 Views
Post# 33690216

RE:RE:Two scenarios as I see it

RE:RE:Two scenarios as I see it
Kewl002 wrote: Farmboy -- I would just like to add that while the regulations state that the results must be reported publicly there is no timeline requirement as long as there is no insider trading on information not generally avaiable to the marketplace.  

So if NFG has received back assay results but wishes to hold them for some future event (ie: US listing) there is no restriction on them doing so provided that they have controls in place to ensure that no one is trading on the insider information. They can still use this data internally while deciding where to drill next and whether to "drip out" the results or dump them into a single large PR.

Perhaps the next data release will be to announce three more bonanza grade zones and blow the SP out of the water.

But I don't expect to find out until the NY listing date is confirmed........ 


Whether you bought at $8.50 or $13.50. It will all fade into the background when NFG hits $50

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