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.

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New Found Gold Corp > Gold sector is weak

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Comment by megacopperon Sep 30, 2021 10:08am

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Post# 33943049

RE:RE:RE:RE:Gold sector is weak

Royal10 wrote: Martin Roberge, strategist at Cannacord, says that Q4/21 should be good for gold. Daily chart is now sitting on a double bottom that is always a good sign that the worst is behind us!

Yea I was thinking the same thing with the double bottom for gold. It should turn soon. A lot of younger guys think the cryptos have replaced gold as an inflationary hedge but I don't buy that for one second. If the sh*t hits the fan I'm sticking with gold.

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