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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 likeikeon Jun 11, 2022 7:29pm
173 Views
Post# 34749647

RE:RE:Management news

RE:RE:Management newsHe is a really key part of Crescat, as they are focused on top notch gold exploration companies, not even the miners or junior miners. Crescat is going for the really BIG PLAY, as it appears they are expecting a deja vu occurrence similar of what happened in the late 70s, with these type of gold exploration stocks going up many, many fold. I've read 23 X on average, with some 100 times and even greater.....Crescat seems very bright and innovative money managers. They aren't really gold bugs, just investment managers that don't follow the typical vanilla strategies. They are in this gold sector because they believe this is where the BIG action will take place. And, they need QH to be able to decipher which gold/ silver explorers to get on board with. As QH put it, he needs his time to devote to going out and finding the big 'silver squirrels'...or 'elephants' as Tavi, one of the founders of Crescat indicates (and Tavi seems a brilliant investment manager/stratigist).......QHs words on explaining his leaving as director explains that he loves the people at NFG, and he believes that NFG is probably the biggest gold discovery in Canada in many decades, plus he'll still consult for NFG. But, he needs to free up his time to finding the silver squirrels, probably to fulfill his functions with Crescat, to a large degree. He has been advising NFG to hire a mine development person, and, now they have.......the Crescat presentations are a real treasure for NFG shareholders.

Dan I think you have QH pretty well pegged and so many do not get what he means

by squirrel hunting because that is best thing of geo of his caliber ....he just is lke a 

big kid that wants to find the next big thing. If you don't believe in his joy in pursueing

then you will never understand him. IKE
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