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 > geotec now SPOT

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Comment by likeikeon Aug 17, 2021 10:32pm

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Post# 33721830

RE:RE:RE:geotec now SPOT

I

I.can see a scenario where this acquisition goes spectacularly well and it ends up being a bargain for Goldspot. I can also see a scenario where it becomes too complex trying to integrate incongruent parts. It is a pretty major path diversion from what Goldspot has done to date, so that will have some unique challenges associated with it. Overall, until mgmt gives me reason to start doubting their decisions, I will trust that they have a pretty good plan developed.

Now take this to Goldspot board not here. IKE

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