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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

Post by termic1on Apr 19, 2022 6:33pm
220 Views
Post# 34614785

New Found Gold Investment

New Found Gold InvestmentSprott has named this company as one of the best high powered up and coming gold finds of our time. And, he put his money where his mouth is, he invested another 125 million $ last week  which I believe takes him up to around 200 million $. Sprott is no fool and he is to be believed.

This stock will rise quickly as the news releases flow. Up to now, the grams per ton have been exceptional and we can hope and ecpect very very large open pit along with deep gold veins on a wide scale in the future.

Of course listing on major exchange will enhance share price but I fully expect the price to go up from here before and after the stock market shoots itself in the head as everything will drop albeit temporarily.

Good luck and I suggest everyone stick with this puppy because it will grow big time in the near future.
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