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 > POG isn't going anywhere anytime soon..phacken crooks..banks

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Comment by hockeyplusgoldon Nov 28, 2021 9:26pm

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Post# 34174497

RE:RE:RE:RE:POG isn't going anywhere anytime soon..phacken crooks..banks

You asked why a 1 % rate rise on mortgages would put 35 % of mortgages in a position that they couldn't make their mortgage payments is some are variable rates some or going to be up for renewal a large # of Canadians have less than one week of earning in savings I believe it was
CMHC that came out with the 35% figure that would be effected by a 1 % rise
also a lot of mortgages are very large so even 1% more interest adds up

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