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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 > So at this moment, gold has bounced off 1,799.00 and is
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Comment by paydirtontarioon Jul 05, 2022 5:29pm
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Post# 34803392

RE:RE:RE:RE:So at this moment, gold has bounced off 1,799.00 and is

RE:RE:RE:RE:So at this moment, gold has bounced off 1,799.00 and is

1condor wrote: paydirontario..I am a holder of this stock and have been "successfully" waiting to add. Double digits? Nope, way too aggressive target on your part. I suspect when it bottoms (not there yet...but I'll let you know) that it should gradually ramp back up to around 7 or 8 over the next year or two. So money to made here but patience will be required.


Are you using technical analysis arrive at your numbers ? Or something else ...

The pros call it $10 to $13 with the gold price popping by 3rd - 4th quarter.

 

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