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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 megacopperon Jul 06, 2022 4:06pm
126 Views
Post# 34806283

RE:RE:RE:I am getting a good feeling about this

RE:RE:RE:I am getting a good feeling about this

likeike wrote: Well Megacopper my amazing brother if you check my text from last nite I said $5.13.

Hope that was not you putting your 2 cents worth in.

The exact number is a full Fibonacci retracement and very surprised it came to 4 cents

within so early.

We have now turned positive for the day and more so is looking like a volume reversal 

day. This also has very positive implications.....and this while the world continues to burn.IKE

 



Yes that was an excellent call ike. Your experience and wealth of knowledge in the gold sector is greatly appreciated. Thanks for the guidance. The worst certainly appears to be behind us. NFG has a high quality asset with millions of ounces of near surface high grade gold in a mining friendly jurisdiction.

As Eric Sprott said the Queensway gold discovery is special and it's the reason he has invested more than $200 million dollars in the company. NFG is a great long term buy and hold as the company continues drilling with 12 plus drills night and day for the next couple of years. Enjoy the ride

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