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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 Kewl002on Dec 30, 2021 7:37pm
185 Views
Post# 34272579

RE:RE:RE:RE:RE:laba dabba doo

RE:RE:RE:RE:RE:laba dabba doo"Here is something I did with most of these NL stocks.  I took a long term look at the daily shares traded.  If I bought 50K or so of most, would I have to chase the ask to get filled, and correspondingly would I have to chase the bid to get out?  Only Lab has the necessary volume, most days, to play in that department and feel reasonably certain one can do a trade at market."

BDOG - An excellent strategy and something that would have helped me from getting "too long" in at least one of the "other than NFG" companies. I was invested in LAB at one point and do believe it will eventually be bought by NFG IF they prove up the resource but bailed due to low volume. 

I suspect that NFG will be fighting to catch up on the assays for most of 2022, however, this is what you dream about when investing in an exploration company. It should make for one heck of a lot of high-grade headlines. As I mentioned before, I think our issue will switch to one of keep track of it all and make sense out of the results once this assay dam breaks on NFG.  

It would be wonderful if the mgmt team has a PR ready to go for Tuesday Jan 4th pre-market to kick off the new year in style (Markets being closed Monday in Canada),

Thanks for your ideas!



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