New Found Gold Corp V.NFG

Alternate Symbol(s): NFGC

Metals & Mining Gold

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

New Found Gold Corp > Market action

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Comment by lewdoggon Apr 21, 2022 2:26pm

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Post# 34621249

RE:Market action

Retiredgeo wrote: For some reason a wave of selling has gone through the precious metals miners today. NFG is not the only one that has been sold off! Everything that I have been reading nas been bullish on gold and silver so I'm not sure what is going on. NFG's decline doesn't look the least bit company specific.

Wondering if we're seeing the top of this cycle and are in for more waiting until later this year when buying picks up again?

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