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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 orophilon Nov 14, 2021 4:38pm
189 Views
Post# 34125157

RE:So......Orophil

RE:So......OrophilThanks for the invite...I have followed the board for several months and am aware of the number of high quality posters ...have been a gold bug for many years,,,,bought my first gold stock campbell red lake in about 1974 or so.......bougt some krugerrands with the profits which I still have and have picked up a few 3 baht thai chains over the years so I  like gold...am a smallish investor now holding 6000 nfgc and 7000 spoff and a few shares of nfldf.....at the present sentiment for gold in the states  seems to be suffering from the fact that a few 100's of tousands of millenials are enamored with bitcoin while markets seem to ignore that billions of people in virtually every other part of the world much prefer the precious metals....I fear that I may have upset a few people by suggesting that evaluation of prospective alluvial deposits and prospective orogenic deposits should be approached in an entirely different fashion...iow in a large rather homogenous alluvial deposite that is non nuggety and of uniformily lower  grade then one should aim for non biased random sampling ...while when evaluating the types of orogenic deposits such as fosterville and nfgc that contain pockets of boanza grade that are real glory holes surrounded by relatively non ore bearing material the focus should be of close spaced drlilling from various angles of the most promising biasedly selected holes and cores.....I think the postings by Quinton on crescat has established that...looking forward to moday's open
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