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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

Post by likeikeon Jan 07, 2022 8:02pm
292 Views
Post# 34295234

What you guys

What you guysI think Redback was bought out for 7 or 8 Billion by Kinross.

Bad deal for them in a couple years as not as hot a property as I think they wanted

it early so they had no competition.

Barrick buying Arequipa very early on for 2 bill that turned out to be a steal but I think

their geos were really on the ball.

There has not been that many bidding wars of late and none that I can think of that 

really jacked up the price.

KL is the only company that knows what these systems entail and tend to think anyone

else out their would be gun shy about buying a epizonal orogenic gold system of this 

magnitude with no past experience.

Still cannot believe Bdog is selling me and Dan Warren down the river for a couple of

bucks. IKE
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