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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 Snidelyon Sep 27, 2021 5:43pm
141 Views
Post# 33928127

RE:RE:RE:RE:RE:Big money is made in the exploration phrase

RE:RE:RE:RE:RE:Big money is made in the exploration phraseThen don't sell it to them, but that single claim is 1,250 hectare covering 3km of Appleton strike and has Keats-Lotto plus even includes Big Dave.  It constitutes less than 1% of NFG total land package, but there is enough blue sky in just that claim alone for tempt a major.  But if not, fine - then keep exploring and making new finds.

likeike wrote: Great post as always snidely but the problem I see with a major in 

on the Keats they will expect or write an option to mine the rest if 

they so wish which would shut down any possibility of a bidding war.

Far fetched I know but I guess I still see my GTT stock as getting 

underbid to their true value although it had Newcrest in for a small

stake but by management got low balled. IKE




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