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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 GGGsOldFriendon Dec 09, 2021 11:56am
138 Views
Post# 34214782

RE:RE:RE:GBR

RE:RE:RE:GBRI'm still a newbie to NFG and you all have a lot more insight into the perfomance of management than I do.  That being said, my perception is that management has done a stellar job with a relatively easy situation.  So far, it's been mostly low hanging fruit.  Becuase of the quality of the discovery, managment has had plenty of money to push a big drilling program.  The management has largely been able to focus on the relatively simply (or at least controversy free) task of managing the logistics associated with the big drill program.  To my knowledge, the only real curve ball they've had to deal with is the assay discrepancy, and I think they've handled that as well as they could have.  The pivot to Chrysos is also a feather in their cap.  I recognize and appreciate the reasoning behind their efforts to ingratiate the company with the community and the employees. 

In short, I give management a solid A, but I don't think they've had a particularly difficult row to hoe so far.  Finally, I return to the fact that I know I'm relatively ignorant as to the company's history, so if anyone thinks I'm off base, I'm completely open to persuasion.  
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