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 Retiredgeoon Mar 03, 2022 10:56am

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Post# 34479078

Miners are lagging commodities

The junior mining companies and explorers are struggling to profit off today's high commodity prices. The buyers are MIA. NFG isn't the only laggart in the group. It is down 13 cents on pitiful volume!

It is not unusual for the miners to lag the commodities. Sky high fuel prices are also a concern. They burn through a lot of fuel.

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Three micro-cap value stocks trading at peak pessimism