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 > Hold up in most currencies not US$

<< Previous

Bullboard Posts

Next >>

Comment by megacopperon Jul 05, 2022 10:19am

143 Views

Post# 34801637

RE:RE:Hold up in most currencies not US$

Retiredgeo wrote: USD reaches a 20 year high

Yes gold in usd is going for a major dump today as a result of the strong us dollar. And of course gold equities are down again. I wonder where the bottom will be. New 52 week low for NFG. It's going to be a rough week by the looks of it. I am thinking one more rate hike and the Fed will be done because the US economy is already experiencing negative growth.

<< Previous

Bullboard Posts

Next >>

BMO evolves InvestorLine with enhanced tools for options trading