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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 megacopperon Jun 17, 2022 9:02am
151 Views
Post# 34763905

RE:Mr Hennigh

RE:Mr Hennigh

 



Dr. Quinton Hennigh says it is the best gold discovery in Canada in decades. What's not to like. He is saying exactly what we have been saying about investors being spoiled with so many great drill results at Queensway. I think he's 100% correct. I think investors are numb from so many great holes. Great drill results with extremely high grade gold near surface I might add. This is a very rich deposit.

 

With at least 3 million ounces (and counting) sitting near surface just at the Keats Zone (never mind all the other zones) that equates to almost $6 billion dollars worth of gold just at that one zone and it's open in all directions as proven in a recent news release (see below for the intersections) I could literally rent a mini excavator from battlefield and go out there and in a few days dig down 9 meters from surface and expose billions of dollars of gold where the top of the deposit comes to surface. Hello!!! Investors simply do you not understand the significance of this extremely high grade gold deposit sitting right next to the Trans Canada Highway near towns with high voltage power literally running right over the top of this thing.


It simply does not get any better. This thing will become a major cash cow once they start producing gold. And chances are the price of gold will be at least $3000 an ounce in a few years and that 3 million ounces could be 10 million ounces and that $6 billion dollars worth of gold will be $30 billion dollars just sitting there near surface next to the highway. Stay tuned because this story will only get better and better as time goes on and eventually NFG will be several multiples of current levels. 


42.6 G/T AU OVER 11.75M STARTING 9M FROM SURFACE & 55.1 G/T AU OVER 5.10M AT THE KEATS MAIN ZONE
 

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