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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 21, 2021 10:11pm
295 Views
Post# 33745647

Just a comment

Just a commentJust my thought. You can agree or disagree. I'm not an expert. All mining stocks have pulled back in the slow summer months, not just one and I believe it will turn around soon. If you are invested in NFG it is because you believe in the company and if you are right you will prosper. If you ever listened to Rick Rule he used to say that a good company with good management will keep investors updated and give them information on a regular bases. I believe that new NFG has been doing a great job at that. The fact they increased the total shares by 2.4 % does not bother me because now there is more money available without financing. 2.4% is only a 24 cent difference on $10 share price. If you are invested in NFG you want it to do well so you look to good news coming out and you may look for opinions why things are done the way they are done. You would not be posting comments to bash the stock and cause fear in the small investers  unless your only purpose was to short the stock. Read up what was done with RICO.V when the hedge funds posted miss information about them. People sold and drove down a good stock. They did it to game stop also.  I also disagree with the bad comments on this board everyone is making about Eric Sprott. They are Not his accountants. He has been buying common shares up to a week ago. He put his money where his mouth is. If you believe in the company invest. If you don't why are you on the message board bashing unless you only purpose is to short it. Just my rambling thoughts. Give me yours.
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