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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 30, 2022 3:47pm
181 Views
Post# 34862482

RE:Wam

RE:Wam

likeike wrote: started from only 14 mill market cap so lots of FOMO. 

But Crescat really caught a flyer. IKE

 

 


WAM is a good one for sure but I think SGD has the most upside potential right now. They are onto multiple multimillion ounce gold deposits in the Yukon. Looks like a slam dunk to me just based on that one Valley target where they are getting long intersections of economical gold. And the Gracie target is equally as good. Upside is absolutely huge short term with SGD. it will probably run up over $10 similar to what NFG did last year. Rising gold price and improving market sentiment for gold equities should cause all the gold juniors to do well over the next year. NFG should return to more high grade gold intersections this fall. Huge gains coming our way very soon for the gold juniors. 

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