New Found Gold Corp V.NFG

Alternate Symbol(s): NFGC

Metals & Mining Gold

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

New Found Gold Corp

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Post by lithomonon Jan 29, 2022 11:10pm

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Post# 34375574

2024 Seems like a Long Wait for Gold Returns

In addition to bonds, there appears to be quite a lot of money flows into anything ENERGY related, in particular, New Energy and/or ESG associated.

I have taken a hit too in Gold, but it might actually be 2024 for Gold shares to have that huge run. Seems like a stretch, but it could be the new Gold reality.

From time to time, there will likely be a select few exceptions, i.e. GBR, NFG, etc...

As Global1966 commented,

"The whole gold market is getting smashed as it does in every downturn. If you can't wait patiently till 2024, I think you will end up a nervous wreck."

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Understanding tax loss season and the “Santa Claus rally”