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 > Share price

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Comment by eldrecoon Dec 19, 2021 1:48pm

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Post# 34244899

RE:RE:RE:RE:RE:RE:RE:RE:Share price

It hurt everybody...both company and shareholders - and perhaps all of the NFLD mining companies. BUT, if they had conducted an internal investigation first - and came to the same point (of needing outside verification), then I have absolutely no doubt that you would have been first in line banging the drum.

Yes, it hurt...but they did it the right way. And they did it in a transparent manner...and they did it quick. What more do you want?
el d

diabase1 wrote: That's why they should have done their homework first, internally, before they announced the bias in a NR. Taking the stock from ~$13 to $7 because of it, hurt quite a few people.

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