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 > $2,063.00 is the all time high. Not far to go. Then what?

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Comment by BlueChipper2020on Mar 08, 2022 10:20am

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Post# 34494920

RE:$2,063.00 is the all time high. Not far to go. Then what?

braindeadoldguy wrote: Looks like about $ 25.00 to go, hoho. It could be that gold stocks and gold are going to re-write the algorythmic trading timetable in those computers the invetmsnt banks own.

This is the next resistance level obviously and I am no technical investor. From what many think is that if this level is broken, gold has a great leg up to $2300.

In my opinion, the new floor on gold is 1900USD. It will take years to ease on global events and inflation if then.

GLTA
BC

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