Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 wajacon Apr 14, 2022 9:01am
163 Views
Post# 34603192

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Updated Drilling Results, April13,2022

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Updated Drilling Results, April13,2022Good post bddg. There's no doubt in my mind that the principals have a plan, and possibly have, from the beginning. I would be concerned if they did not as it would indicate to me that they are flying by the seat of their pants. The plan in my opinion is to sell the asset at the most opportune time, that is, when the price is right. I agree also that price of gold is in for a long ride down once inflation returns to an acceptable level which it will. There are many factors currently impacting the inflation rate and as each factor is addressed inflation will drop. Gold bugs have always predicted that gold will one day sky rocket into the stratosphere. Well I've been on this planet a long time and it hasn't happened. Gold is a commodity. The world is no longer on the gold standard and as far as I know there are no plans to go back to it. As you stated the value of an asset is what someone will pay for it. Queensway is an asset that increases in value daily. While talks may have already taken place with majors I don't believe the principals are interested in selling anytime soon. They have yet to reach the half way point in their 400000 meter drill program. Those of us who hang onbto our shares will be handsomely rewarded.
<< Previous
Bullboard Posts
Next >>