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 > US markets

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Comment by Dixiedeeon Jul 01, 2022 10:17pm

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Post# 34797044

RE:RE:RE:US markets

1condor wrote: I predicted on this board that NFG would dip into the 5's. Am I the only one on this board who seen that coming? It was a real easy call based on technical analysis. Even at 5.77 the bottom is not in.

it may not be it could go either way 5.25 has extreme support
I think any weakness from here is a buying opportunity
on the negative days we have had extremely low volume on all but one and then volume was still just below average on that day I believe we are in a coil pattern that can spring to new highs over the coming months

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