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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 likeikeon Mar 09, 2022 6:34pm
177 Views
Post# 34501312

RE:RE:RE:RE:reality

RE:RE:RE:RE:realityLoved your post and perspective suregold1. Wanted to give it 2 likes.

I however do not think you have to go back 20 years to find out the majors have not 

learned their lesson. Did not Kinross take out Redback mining for 4.5 bill and got 

burned badly.?

So you don't believe Sprott is going to live to be 100 years old?

But my big question to you is at what price is a buyout a insult and you just go it alone?

The thing I think no one has fully accounted is how cheap and easy this kind of resource

is to develop. Fosterville still remains one of the cheapest mines to operate and we are 

so much bigger. Fosterville has no equal out there. How much do you think we need to

get the Keats up and rolling? So much is close to surface.

We have the expertise on the board and still think they are

keeping their options open are you? IKE
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