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 > post of day

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Comment by snooker1797on Jun 30, 2022 2:05pm

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Post# 34794497

RE:RE:RE:RE:post of day

i agree - we could be near a bottom.
we are in a general bear market for equities and bonds
so alot of the price decay is nothing personal to NFG it seems we are in risk off
summer doldrums and lack of news on drilling results.
strong us dollar - because of interest rate hikes
what are the odds they take the co. private?
technical support is in the 4$ range
have just stated the obvious

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