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 > not good for gold

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Comment by likeikeon Nov 24, 2021 12:05pm

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Post# 34161824

RE:RE:RE:RE:not good for gold

Yes the old standard is more employment leads to stronger dollar that leads to weaker gold

price. But if more employment leads to wage inflation .....well.

Market formulation always work until they don't ...a little sabre rattling was enough to move

the POG ......not amymore. Russia now has over 100,000 troops on the border and looks to

get his corrider to the Crmea.....market is oblivious.

The important thing is POG moves .....not why. IKE

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