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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 Jan 06, 2022 12:02pm
164 Views
Post# 34289349

RE:The news today is very good imho

RE:The news today is very good imhoI believe it's sell off from a weaker gold price today because there is lots more news coming and it sounds like the trend on the news will be positive based on previous new and today's news

as we sell off the shares move into stronger hands making the upside even greater 
what we do know is we have a 1st class management team a world class deposit and we are well financed any dip is a buying opportunity not a selling opportunity 

why people sell a jr at this stage on the gold price doesn't make sense the gold isn't coming of the the ground for years and even at 1600 or 1700 an ounce most mines are still very profitable day to day fluctuation in gold price only give you a buying or selling  opportunity you buy on weakness and sell on strength most do the opposite and loose money in the long run 
if you like a suit that's 3000 if it goes on sale for 2000 do you like and want that suit less or more 
buy the sale nothing has fundamentally changed 
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