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 > Why is the stock dropping as gold rises

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Comment by 666999on Nov 11, 2021 9:30am

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Post# 34114282

RE:Why is the stock dropping as gold rises

Is NFG producer, that will benefit from Au price rise ? Stock had its great days, it cant rise forewer, better days will come when market sentiment changes, and bull returns to sector I will just add for late buyers, dont believe everything is written on this board, when share price was 12 it was bigger chance for share price to go to 6 then to 13...use common sense, look at chart, mkt cap etc. Glta

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