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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 lewdoggon Jan 22, 2022 5:13pm
182 Views
Post# 34348481

RE:NFG vs ESK vs HIGH

RE:NFG vs ESK vs HIGH
TheGreekGoldGuy wrote: Crescat owns both Eskay and NFG. NFG is undervalued considerably right now, based on its 28 major Bonanza grade holes over 3 seperate zones. Good grief, that's probably 3 Fostervilles owned by NFG. With Q.H. help, Eskay may be overvalued now. Consider the following Facts:

Eskay   162.8 million outstanding shares,   Public float - 137.87 million shares
             197.6 million, full dilution

NFG     178.8 Full dilution. 68% insider owned,  32% Float. 

Eskay has released drill resuklts only 4 times. They are good, but geez, NFG has released mostly better results 28 times. 

Eskay results

                     

12/22/20 31.25 Au/T over 5.1 m and 185 Ag over 4.1 m

 

02/02/21 9.5g Au/T over 35.8 m  and 93.2 g/T  Ag over 9 m

 

11/08/21 5.2 Au/t over  47.8 m

 

01/19/22 10.34 Au/T  over 11.9 m

For the purpose of comparison, the GGG would like to share with the board a company that looks seriously undervalued. Take a look at Highgold, V.HIGH or HGGOF.

79.9 million shares outstanding, 82.3 million with full dilution. Highgold has released 10 great drill results.

 

11/05/19 19.55 g/T AU over 107.8m  at J.T.

 

12/10/19 15.06 g/T AU over 59.2 m   at J.T.

 

12/12/19 17.8  g/T   AU over 75.1 m   at new zone J.T.

 

04/29/20 700,000 oz reserve at J.T. at 10.9g/T

 

09/0920 17.9 g/T  AU over 71.1m    at J.T.

 

10/15/20 10.3 g/T  AU over 17.4m    at J.T.

 

12/22/20 150 g/T   AU  over .5m       at J.T.

 

02/11/21 1800 g/T Silver grab sample at J.T.

 

09/21/20 20  g/T  AU    over 4.3m     at J.T.

 

10/06/21 578 g/T AU  & 2203g/T Silver over 6.4m at 1st hole  in Difficult Creek, J.T.

 

10/06/21 Three drills now working

 

10/13/21 114 g/T AU   over 4.9m  and 64.7g/T over 5.0m  at J.T.    

 

 

12/21/21  8.9g/t g/T Au over 84.7m and 7.4g T  Au over 34 m

The Greek here, he apologizes for being off topic a little. 


 

 



OT: will be grabbing HIGH next week. Thanks, GGG!
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