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 > Larisa Sprott

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Comment by Retiredgeoon May 03, 2022 3:34pm

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Post# 34652347

RE:RE:RE:RE:RE:Larisa Sprott

Eric has already picked up 31.4% of NFG without any such documents. He doesn't need such documents to pick up another 20%. This debate is about ownership, not mining.

Was he silly to sink some $450 million CAD into an exploration company without such documents? He is a believer in the geology. The lawyers and the accountants and the studies you mention will come later. They currently don't exist.

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