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 > Latest Fed rate hike didn't phase gold

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Post by Retiredgeoon Jul 28, 2022 2:19pm

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Post# 34857717

Latest Fed rate hike didn't phase gold

Gold and Silver stocks are on their way back up. There is a theory that precious metals will now catch a bid as an inflation/recession hedge.

If last year is any guide we will not see drill results until September.

I wonder how many of these bad mounthing shorters actually shorted NFG? I bet they are ****ing their pants now!

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