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 > Question

<< Previous

Bullboard Posts

Next >>

Comment by Bookworm28on Aug 18, 2021 7:41pm

197 Views

Post# 33728086

RE:RE:RE:RE:Question

likeike wrote: Well Bookworm that is because you are listening to a used car salesman that knows

nothing but sell everything and has no grasp of Flow Through Shares. I first participated

in some over 30 years ago and they serve their purpose in exploration of all kinds.

NFG has no need for a tax writeoff so why not give it to others so you can raise money

more cheaply. The downside always has been the investment bankers that look for

another quick buck they can get away with.

Whether you understand it or not this has been a great way to raise money and I am

more than happy and so will other shareholders by probably next week.

Volatility is great in winnows out the chaffe. IKE