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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

Post by hockeyplusgoldon Nov 08, 2021 9:06pm
318 Views
Post# 34102928

What a buying opportunity for anyone with dry powder

What a buying opportunity for anyone with dry powder What a buying opportunity 
purchased more today @7.50 couldn't resist 
I think it could drift a bit lower over the next 6 or 7 weeks I believe the worst is over unless the results come back bad and the nugget effect proves to have miss represented the previous results 
But if the results come back to be proven correct then 15.00 would be in the cards in a short order 
Over the next several weeks we could have gold over 1900 or possible 2000 that coupled with the previous results being proven correct along with more good results coming out before end of year 
if you haven't taken a position now would be a good time to take 1/2 to 1/3 position @ 7.50 or less
Anything under 7 would complete your position this is how I would play it if I was without a position now already having a large position I would add more if we dip below 6.90 
I believe this property will produce a mine it's just a question of will it be a bonanza mine or just a good producing mine either way it wi be worth more than it is today 
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