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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 hockeyplusgoldon Dec 22, 2021 7:27am
146 Views
Post# 34253566

RE:Accretive royalty buyback

RE:Accretive royalty buyback

I think the company used the current situation to its advantage with test results in question but the company is confident the results are good so they used this timing to buy back the royalties 

they made a win from the situation the same way a lot of smart investors are doing by buying up NFG shares at this time this Was equivalent to buying the dips smart move smart management in my view 

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