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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

Post by AUSTIN48on Jul 19, 2022 1:45am
366 Views
Post# 34833455

Exploration stage

Exploration stageI am not a smarty pants but what i do know is regardless of market conditions you must release a steady flow of drill results to keep investors interested.
This has not been the case as of late with NFG.
We rode out months of blackouts due to drill core inconsitency.
Now another 6 weeks of dead quiet.
The lustre has worn off and investors have moved on.
Low daily volume and a continuous decline in the share price.

I am now officially underwater and give management a big fail in keeping the interest alive.
Really ashame.
I now understand why Quinton sold when he did.



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