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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 Apr 14, 2022 10:27am
183 Views
Post# 34603575

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

RE:RE:RE:RE:RE:RE:RE:Updated Drilling Results, April13,2022<br style="box-sizing: inherit; outline: 0px; color: rgb(10, 10, 10); font-family: Arial, Helvetica, sans-serif; font-size: 13.2px;" /> <span style="color: rgb(10, 10, 10); font-family: Arial, Helvetica, sans-serif; font-size: 13.2px;">Highly unlikely that a major gold company would pay more than $5 billion dollars for this property or any other mineral property for that matter. Yes the in ground metal value could eventually be worth tens of billions of dollars but a major won&#39;t pay that much. They have shareholders to answer too and that is a lot of money / equity to fork out for an undeveloped deposit even if it is one of the best around. Past acquisitions prove that I&#39;m correct on this for the most part. Of course if a lot more gold is discovered and the price of gold goes to $3000 plus an ounce than perhaps a major will pay more. But at $2000 an ounce and somewhere between 5 million and 10 million ounces I think the most a major will pay is $5 billion. Sorry but I call it the way I see it.&nbsp;</span><br /> <br /> <div class="g tF2Cxc" data-hveid="CDgQAA" data-ved="2ahUKEwih0LSz25P3AhXYGTQIHYY-BkIQFSgAegQIOBAA" style="font-family: arial, sans-serif; font-size: 14px; line-height: 1.58; width: 600px; margin-top: 0px; margin-bottom: 30px; position: relative; color: rgb(32, 33, 36);"> <div class="jtfYYd" data-sokoban-container="SOKOBAN_7323649019561387238" style="display: flex; flex-direction: column; position: relative; overflow: hidden; contain: layout paint;"> <div class="NJo7tc Z26q7c jGGQ5e" data-header-feature="0" style="flex-direction: row; flex: 0 0 auto;"> <div class="yuRUbf" style="font-size: small; line-height: 1.58;"> <h3 class="LC20lb MBeuO DKV0Md" style="font-weight: normal; margin: 0px 0px 3px; padding: 5px 0px 0px; font-size: 20px; line-height: 1.3; display: inline-block;"> <a data-ved="2ahUKEwih0LSz25P3AhXYGTQIHYY-BkIQFnoECDUQAQ" href="https://www.northernminer.com/company/025046287/" ping="/url?sa=t&amp;source=web&amp;rct=j&amp;url=https://www.northernminer.com/company/025046287/&amp;ved=2ahUKEwih0LSz25P3AhXYGTQIHYY-BkIQFnoECDUQAQ" style="color: rgb(26, 13, 171); -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;">Red Back Mining Inc - The Northern Miner</a></h3> <div class="TbwUpd NJjxre" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none; position: absolute; left: 0px; top: 0px;"> <a data-ved="2ahUKEwih0LSz25P3AhXYGTQIHYY-BkIQFnoECDUQAQ" href="https://www.northernminer.com/company/025046287/" ping="/url?sa=t&amp;source=web&amp;rct=j&amp;url=https://www.northernminer.com/company/025046287/&amp;ved=2ahUKEwih0LSz25P3AhXYGTQIHYY-BkIQFnoECDUQAQ" style="color: rgb(26, 13, 171); -webkit-tap-highlight-color: rgba(0, 0, 0, 0.1); outline: 0px;"><cite class="iUh30 qLRx3b tjvcx" role="text" style="color: rgb(32, 33, 36); font-style: normal; font-size: 14px; line-height: 1.3; padding-top: 1px;">https://www.northernminer.com<span class="dyjrff qzEoUe" role="text" style="color: rgb(95, 99, 104);">&nbsp;&rsaquo; company</span></cite></a></div> <div class="B6fmyf" style="position: absolute; top: 0px; height: 0px; visibility: hidden; white-space: nowrap;"> <div class="TbwUpd" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; text-size-adjust: none;"> &nbsp;</div> <div class="eFM0qc" style="display: inline-block; padding-bottom: 2px; padding-top: 1px; padding-left: 2px; visibility: visible;"> &nbsp;</div> <div class="csDOgf" style="display: inline; visibility: visible; position: absolute;"> <div data-acc="n" data-enjspb="true" data-isdesktop="true" data-ved="2ahUKEwih0LSz25P3AhXYGTQIHYY-BkIQ2esEegQINRAE" jscontroller="exgaYe" jsdata="l7Bhpb;_;AAlK9A"> <div jsaction="KyPa0e:RvIhPd;wjOG7e:edHC5b;al5F3e:edHC5b;"> <div aria-label="About this Result" class="iTPLzd GUHazd lUn2nc eY4mx" jsaction="RvIhPd" jsname="I3kE2c" role="button" style="cursor: pointer; top: 0px; left: 0px; width: 28px; z-index: 1; line-height: 16px; padding-bottom: 20px; padding-left: 12px; padding-right: 5px; outline: 0px; position: absolute;" tabindex="0"> <span class="D6lY4c" jsname="czHhOd" style="height: 22px; width: 22px; position: absolute; border-radius: 11px; top: -1px;"><span class="xTFaxe IjabWd z1asCe SaPW2b" jsname="Bil8Ae" style="display: inline-block; fill: rgb(112, 117, 122); height: 18px; line-height: 18px; position: relative; width: 18px; margin-left: 2px; top: 2px;"><svg focusable="false" viewbox="0 0 24 24" xmlns="https://www.w3.org/2000/svg"><path d="M12 8c1.1 0 2-.9 2-2s-.9-2-2-2-2 .9-2 2 .9 2 2 2zm0 2c-1.1 0-2 .9-2 2s.9 2 2 2 2-.9 2-2-.9-2-2-2zm0 6c-1.1 0-2 .9-2 2s.9 2 2 2 2-.9 2-2-.9-2-2-2z"></path></svg></span></span></div> </div> </div> </div> </div> </div> </div> <div class="NJo7tc Z26q7c uUuwM" data-content-feature="1" style="flex-direction: row; flex: 1 1 100%; min-width: 0px;"> <div class="VwiC3b yXK7lf MUxGbd yDYNvb lyLwlc lEBKkf" style="padding-top: 0px; margin-bottom: 0px; color: rgb(77, 81, 86); display: -webkit-box; -webkit-box-orient: vertical; overflow: hidden; -webkit-line-clamp: 2;"> Friendly merger for Kinross,&nbsp;<span style="font-weight: bold; color: rgb(95, 99, 104);">Redback Mining</span>. In a US$7.1 billion deal that would give ... Red Back hits new high on drill results from Tasiast, Chirano&nbsp;...</div> <div> &nbsp;</div> </div> <div class="NJo7tc Z26q7c" style="flex-direction: row; flex: 0 0 auto;"> <div data-ved="2ahUKEwih0LSz25P3AhXYGTQIHYY-BkIQ2Z0BegQILxAA" id="eob_8" jsaction="rcuQ6b:npT2md" jscontroller="K6HGfd" jsdata="fxg5tf;_;AAlK8w"> Mega Mega what am I going to do with you? How can you be so blind?<br /> <br /> You now have a group of minions agreeing with you...do we have to change<br /> <br /> your name to Groot?<br /> <br /> You keep saying how unique this deposit is yet you want to sell it for a song?<br /> <br /> AS I SEE IT<br /> <br /> 1. We may have a very confined Abitibi belt in the making<br /> 2.Everything starts close to surface and very high grade in small defined areas<br /> 3.Payback in record time<br /> 4.We have gold in a rising market<br /> 5.Infrastructure second to none&nbsp;<br /> 6.Mining friendly area and country<br /> 7.Modeled after one of the most profitable mines in the world<br /> 8.Solid good workforce<br /> 9.Very few individuals to deal with for majority of shares<br /> 10.Government wants to see you succeed and could not be friendlier<br /> <br /> I add this all up and see 10 billion as a stinking bargain but do not want<br /> <br /> to see it given away.<br /> <br /> As we near the end of 400,000 drill program from the 140,000 we are at<br /> <br /> I will be seen less as a wack job and more as a profit (prophet)<br /> <br /> Oh Mega....yee of little faith. IKE the rediculed</div> </div> </div> </div> <br />
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