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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 suregold1on Mar 10, 2022 4:08pm
171 Views
Post# 34504323

RE:New QH video

RE:New QH video
Every single mining major in the world has to be salivating over this one now. Most likely it will get bought out before end of year, like GBR!
I fully expect Sprott and Kettel to get a deal that gives them the price they want. Most likely it will be an all share offer as they will want to defer taxation if at all possible. Their tax bill on the capital gain will be huge, so makes sense to me at least.
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