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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 Kewl002on Aug 18, 2021 1:00pm
223 Views
Post# 33724017

RE:RE:RE:Question

RE:RE:RE:QuestionMy expectation is that we will find out (over the course of time) that everything that is occurring now has to do with finalizing of the listing on the AMEX --- including no "leaks" from mgmt about anything period, preliminary financing approval, execution of the minimum acceptable size share offering possible that will flow to AMEX affiliated exchange trading vehicles, co-ordinated release of "key player/investor videos" to reassure shareholders that no one is going anywhere and the bringing in of BMO & Canaccord to start the flow of investor level participation while MOST IMPORTANTLY enabling the BoD & mgmt to take the next giant leap while maintaining control of the share structure (so that NFG cannot get stolen out from under our noses).

Further my expectation is that a flood of good news announcments will be made shortly after all this positioning has been completed and the listing date released. 

This is why I increased my share holdings by another 20% so far today with orders in for a further 20% should the SP continue to decline in the short term,

Will the POG or NFG SP decline in short term -- maybe -- who knows that the future brings -- I don't expect to pick the absolute "bottom to buy or top to sell" but am confident that the "value" of NFG will mainly be based on management morals & ethics, ability to retain control of a "tiger by the tail" and the drill bit!
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