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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 23, 2021 6:01pm
223 Views
Post# 34159167

Without news on drill samples

Without news on drill samples Without news on drill samples the stock will Be range bound to the downside 
it will be mid December to mid January before we get results from Australia on the full core samples 
not sure if we will be getting results on current drilling before then or not also not sure when they will be set up in Newfoundland to use this technology to sample on going drilling program 6.50 to 8.00 I think will be the range for now with golds direction having some impact either direction but the real 
push will come when we get results good results proving previous results where acurite will push stock to 15.00 almost immediately after confirmation 
we can assume with some certainty there will be a mine at newfound golds property period the question is how massive it will be I think this is a very good opportunity to take a position for anyone who hasn't it is speculative but the Jr space always is .Also for those that got in at higher prices buying the dips and averaging down could serve you well as long as you don't risk everything again. Jr space is speculative 
I have several accounts that I hold NFG some up some down at current levels will be adding on future dips if they occur they may not either way I believe 4 to 6 mths from now we will be much much higher 
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