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 > Good morning everyone. Here we go again. POG down

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Comment by Retiredgeoon Sep 10, 2021 9:40am

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RE:RE:RE:Good morning everyone. Here we go again. POG down

Building on what megacopper just said markets are about psychology not logic - the never ending struggle between fear and greed. Logic and math go the back of the bus.

For the moment there is a lot of fear surrounding gold. This morning another guru predicted $1700 by the end of the year. Brokers will advise you to stay away from a declining commodity.

On the flip side a huge increase in NFG's gold resource will swamp the ups and downs of the gold market.

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Advancing flagship Ishkõday Gold Project in Ontario