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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 megacopperon Oct 15, 2021 8:18am
146 Views
Post# 34008474

RE:RE:RE:what will happens with NFG ?

RE:RE:RE:what will happens with NFG ?

JRafflesUK wrote: Likeike…..You obiviously do not know the history of Maruch with QH and ES.
He would never dare even consider it.

 
As CEO of KL, Tony Makuch was leaned on by Chairman Eric Sprott to take over Newmarket (Fosterville) in the best interest of shareholders.
 
Also, if it is in the best interest of AEM shareholders, Tony Makuch may again be pressured, this time by AEM’s Exec Chairman, Sean Boyd to do a deal.
 
Any personality problem that Tony Makuch may harbour will be an obstacle, but not a barrier for a future deal.
 
My preference is that NFG, prepares north Queensway for a potential Phase 1 sale and is left with a massive cash pile in order to explore and develop Phase II - South Queensway.
 
 


 


We all know the history between Tony Makuch and Quinton Hennigh. It's safe to say the two don't get along. Lol. I guess ES gave QH credit for figuring out Fosterville (well deserved I might add) so it hurt TM's feelings. Haha it sounds like TM's ego is too big for his own good. 

Whatever because as a shareholder of NFG or any other company I don't care who gets the job done as long as they figure out the geology and find the gold and add shareholder value. The bottom line is these big ego guys have to park their egos at the door and make it happen in the best interest of shareholders. 

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