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 > Suregold

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Comment by suregold1on May 03, 2022 10:14am

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Post# 34650837

RE:RE:RE:Suregold

I have no idea, but there definitely is smoke here. Question is will there be fire. SP sure says nothing! Down again when golds are up?
Agree, Sprott acting like he wants it all? I doubt very much he moved those shares just for the fun of it! So, what is his intention. He cannot mine this as a 20% shareholder, so if that is his intention (would sure surprise me); then he needs 100% ownership, or a major partner who takes on a big piece of it. Only way for that to happen is either he or a major takes out palisades!
Going to be a few interesting weeks or months here as his intention beocmes more clear.

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