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 > Try this again

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Comment by megacopperon Sep 03, 2021 10:13am

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Post# 33808819

RE:RE:Try this again

Retiredgeo wrote: You are incorrect. His brokerage paid $11.39, kept the tax breaks and then sold the stock to eric at $8.50.

Thanks for the clarification ya ole Rock Doctor 2.0 So I have a question. If NFG gets listed on the AMEX can USA Sprott then buy shares on that exchange and essentially exceed the 20% allowable ownership rule in Canada because those shares would be held by Sprott's US based company. Hopefully I explained that correctly. Thanks in advance.

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