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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 14, 2022 11:17am
190 Views
Post# 34316981

RE:NFG: no sellers on the horizon!

RE:NFG: no sellers on the horizon!
Royal10 wrote: Don't expect to buy a strong position at lower prices: there is no sellers ...!
Price of gold has nothing to do with the activity of traders in NFG.
Everybody is waiting for news: in the last PR, we can read:
  • Following a pause late in the past year the company anticipates a continuous ramp-up in receipt and disclosure of drill results over the coming weeks and will consequently move toward the disclosure of larger batches of assay results in its news releases.
So, the only way to buy is to raise the BID and hope to meet sellers!




 

Yep lots of news coming for NFG and the price of gold is holding up well. Although it seems NFG has a mind of its own. I really like what I'm seeing with each zone getting extended much deeper over mineable widths with fantastic grades. What's not to like. 


 

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