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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 Dixiedeeon Jun 05, 2022 5:43pm
148 Views
Post# 34732760

RE:RE:RE:RE:BS crazy

RE:RE:RE:RE:BS crazyWell maybe you should add more NFG has the largest drill program in Canada going on right now 
they are fully funded 
they have 30;000 plus meters that they are waiting for results from all this while 14 dril rigs continue drilling daily 
Eric Sprott continues to buy at these prices and higher 
the results so far point to a mine being built the question is just how big this mine will be 
fostervile x 3;4;5some say it could be 10x 
this could be the largest gold deposit ever found in North America maybe the world 
gold is a tough market that being said everything is pointing to a perfect storm for gold prices in the very near future even at 1800 gold most mines are making a lot of money with peak gold most likely already been reached a deposit this rich and large will attract a lot of attention going forward 
most think gold will end the year above 2000 
all the major producers will be looking to replace ounces and NFG being in an excellent safe jurisdiction will be in a big demand 
so I say again tie to add to your position 
I have been buying the dips but these opportunities wil soon come to an end the sale isn't going to last much longer at this price I think it's worth any precived risk 

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