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 > Marvin calls

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Comment by 1condoron Jun 14, 2022 4:51pm

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Post# 34756342

RE:RE:RE:RE:Marvin calls

goldanalyst..I have been waiting to add to NFG since it dipped below 7 bucks. Doesnt seem to be any hurry for me to do that yet as the price drop continues. As for the FED..I see a big 3/4 pointer on Wednesday...which I believe will trigger a general market rally as many at this point in the cycle want a more hawkish FED (and maybe another 3/4 in July?). If they only do .50 I suspect the market will not be happy and dip. Will be interesting watching the trade positioning ahead of the news on Wednesday.

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The investment impact of the U.S. 25% tariff on Canadian imports