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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 megacopperon Mar 15, 2022 12:29am
179 Views
Post# 34513982

RE:RE:RE:RE:Enough already

RE:RE:RE:RE:Enough already
likeike wrote: GGGsOldFriend  I hear you loud and clear but having spent clearly

too much time charting (mostly as a commodity trader) the atomic

wedgie still holds even on a small downturn. 

It is called a false breakout and believe we are clearly seeing 

someone doing one last kick of the can to scare out some 

cheap shares. IKE


Thursday could be NFGs day to shine and explode to the upside. I believe the Fed decides on Wednesday about rates. The market might get better clarification on the path forward for interest rates. Everyone feels they are going much higher but will they. War in the Ukraine and parts of China on lockdown yet again. World markets still very unstable with near record commodity prices. When you buy a new recreation vehicle in Canada now they have this $520 commodity surcharge. Crazy. High taxes, high energy cost that will cause the cost of everything to move higher and global economies will be slowing down. 1970s stagflation all over again. Really good economic environment for gold.
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