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 > Pretty quite here

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Comment by goldanalyston Dec 13, 2021 11:35am

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Post# 34225138

RE:Pretty quite here

Not much positive news to discuss

1. gold stocks are getting hammered (tax loss continues into end of year)
2. markets still unsure about the authenicity of NFG's assay results
3. They have been drilling (10 rigs+) yet no new results to be released until next year (likely)
4. FED is threatening to accelerate tapering and interest rate hikes
5. No news from their neighbours

Nothing but negatives hence the 50% haircut...

I'll keep what I've got here and hope for a better 2022

GLTA

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