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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 likeikeon Jul 05, 2022 5:28pm
122 Views
Post# 34803388

RE:What a ugly day

RE:What a ugly day

Well this was one of the ugliest days in a long time. Gold and gold equities are usually down right before the Fed meeting on Wednesdays but today was downright horrible. Most of it is due to the strong US dollar. See what happens tomorrow.


I have a question for the board. Eric Sprott still hasn't closed the deal buying Novo's shares that he agreed to purchase at $8.45 on Aug 5. So my question is does the share price have to be within a certain percentage of the agreed upon price for the deal to go through or does it matter what the share price is on Aug 5?

No IKE

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