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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 eldrecoon Nov 11, 2021 5:19pm
155 Views
Post# 34117092

RE:RE:RE:RE:RE:RE:RE:Eric racks 'em up again

RE:RE:RE:RE:RE:RE:RE:Eric racks 'em up again Hi Global,
Without denying your question - let's think about all this another way.  Eric Sprott has spent a life-time making judgement calls (and has had many, many, successes).  Most guys his age would be hanging up the skates...but not ES. 

He has stumbled into a whole new adventure - and one that should get anyone's juices flowing!  Just think of it...the opportunity of a lifetime to be able to help in defining an entirely new industry in an overlooked district!  And he has a career history of knowledge at his fingertips (of knowing how to play)...and a bunch of this money stuff (that we all have come to believe less and less in!) at his disposal...well, that's a no-brainer!  The money involved is simply an archaic way of keeping score.

So, rather than sitting in the big stuffie telling old stories to an ever-decreasing number of same-age friends, Eric has taken the bull by the horns, and set off on this great notion...and, in his gut, he knows this is not fanciful!  And he gets to work with some of the youngest and brightest guys in the biz!  Who wouldn't jump at the chance to do that?

We can razz him...we can question question why he is doing this...or how much money that he may have in the game...but we absolutely cannot deny that he is having far too much FUN in so doing.

Good for him, I say.  He has my admiration.  Wouldn't you agree?
el d

Global1966 wrote: I agree with nearly all you said. I wonder what Sprott's actual investment is to date (not market value). He is obviously hunting for another Fosterville type return (or 3)


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