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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 > PVG vs NFG
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Comment by megacopperon Nov 10, 2021 12:12am
190 Views
Post# 34108154

RE:RE:RE:RE:PVG vs NFG

RE:RE:RE:RE:PVG vs NFG

likeike wrote: Megagold you will always be like a brother to me though I know you already have one.

Loved your last post even if you are still low balling Queensway.

The big sticking point remains however selling the company for peanuts.

You will always be the man but I do think Kewl002 stole your thunder on this one.

Please tell me who of the present owners would sell out for a measly 5 bill when 

they can mine it themselves?

I love you man but stop being so pessimistic IKE



 


I'm a realist. A gold major most likely won't pay more than $5 billion for NFG. However, if NFG is able to put it into production themselves you are looking at $15 billion plus and NFG will become a major gold producer but that is 5 plus years away. Short term within 2 years I'm thinking a $5 billion market cap is attainable. Just my 2 cents worth. 

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