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 > BMO target $10

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Comment by 1condoron Jul 26, 2022 12:05pm

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Post# 34851220

RE:RE:BMO target $10

Why do you guys really believe these targets of 10 dollars or more over the next year? I just isnt going to happen. NFG is just now finding its footing around the 5 dollar level (which I consider about fair value at this time). I very rarely put out targets but I see about 6 dollars a year out on this one...which is a nice 20 percent return for todays level.

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