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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 eldrecoon Apr 12, 2022 2:48pm
95 Views
Post# 34597858

RE:Buyouts and takeovers - or partnerships for profits?

RE:Buyouts and takeovers - or partnerships for profits?Hi Braindead,
Actually it was posted (but I can't remember where).  I think that I may have mentioned it off-board a couple of weeks ago to some chums who were agonizing about who could possibly afford to belly up to the bar and do an equitable take-out of NFG.  (I  may be wrong in this...I was not well during that period).

However, great to read it again - thank you.
el d

braindeadoldguy wrote: There was a time that Barrick wanted to take over Newmont.  Instead, they came up with this.
Read it carefully.  So you see, a lot can happen, as it already has, in no time flat.  Just saying.
They are working together to save a ton of infrastructure building expenses.  I am actually surprised no one has posted this or found it yet.  

https://www.newmont.com/investors/news-release/news-details/2019/Nevada-Gold-Mines-Launched-Best-Assets-Best-People-Will-Deliver-Best-Value/default.aspx


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