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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 megacopperon Jan 09, 2022 7:51pm
236 Views
Post# 34298563

RE:RE:Wajac check your inbox eom

RE:RE:Wajac check your inbox eom

AUSTIN48 wrote: Mega what is your ratio of ESK versus NFG?Are you hevier in NFG?

 


Right now I'm 100% NFG. But I really like ESK as well. I owned ESK, GOT, ECC, LAB, SIC and others but I've sold all of my juniors to go all in on NFG because I'm very confident it's going a lot higher. I really like what I'm seeing and hearing with New Found Gold.


The thing about NFG is they are advancing the project so quickly because they can drill year round and with 10 plus drills turning night and day. The strike length of favourable geology runs the entire 100 km length of the property. The company is full speed ahead out there this past week. A lot is happening on the ground with 178 employees working non stop.


There is a new "Giga Shack" building being built, new roads being built on Queensway North to gain access to more drill targets, rigs on the move, year round camp up and running on Queensway South property. New Found Gold is already operating like a major gold company. With $130 million in cash it's go big or stay home. These guys are making it happen. With 30k plus meters of drill core in to get assayed I'm expecting lots of very good news in the coming weeks and months. It's a world class operation and I'm confident the drill results will do the talking very soon and NFG's share price will be going much higher.  

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