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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 cybermanon Sep 03, 2021 11:31am
126 Views
Post# 33809299

RE:RE:RE:RE:Try this again

RE:RE:RE:RE:Try this againand we do know that the Sprott Foundation (Canada), a registered charity run by ES daughter and family, that it's possible that they could have been the beneficiary in this pre-arranged transaction to continue their on-going and much appreciated philanthropy (they just gave the Hospital in Huntsville, Ontario $1m recently), again win/win/win.

USA implications ? not sure, but if ES is game i am sure others are also and they are scrambling as we speak and just itching to get in on it, which will be real good regardless since the "float" is so small.

best way to describe it is; cha-ching.


quote=Retiredgeo]As I understand it Sprott Holdings is Eric Sprott, whereas, Sprott USA is an asset management company holding shares and bullion for clients.  I do not know if Eric Sprott is a client of his own US asset management company???  I suspect that he has a lot of pull with the board and it's American clients.

"Look what Eric has done!!"  "BUY NFG! MARKET PRICE!"

Does the 20% rule apply to an asset management company?  I don't think so but such things are beyond me.[/quote]

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