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 > Long term trend for gold is higher

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Comment by Retiredgeoon Dec 02, 2021 10:06am

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Post# 34189580

RE:Long term trend for gold is higher

Central banks flooding the marketplace with liquidity created the stock market strength over the last 12 years. The end of Quantitative easing means these markets have peaked. Sustained inflation and rising interest rates herald a bear market. I don't think any of this has sunk in yet! I keep hearing "Buy the dip. Buy the dip"

The current silliness in the precious metals market aside I still think Gold and Silver will be the places to be in the 2020s.

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