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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 goldenriviton Aug 04, 2022 7:23am
115 Views
Post# 34870384

RE:GOLD IS KING

RE:GOLD IS KINGYes and so is grade SBB has 12 million oz grading 6gt and is in Barricks cross hairs.NFG is miles behind the fully permitted under construction and fully funded Goose mine.I expect a $3.50 take over before the end of this year.Why buy NFG as we can see they only get good grade if they twin holes?""If only we had new assays," shareholders of Collin Kettell and Eric Sprott's New Found Gold Corp. (NFG) have groused for weeks, if not months. Well, they have some now, but are still unhappy. New Found not only found new assays in the mail today, but they came from a new area that connects the Keats Main zone with the recently discovered 515 zone. Unfortunately, even the best hits -- a 2.75-metre interval averaging 45.9 grams of gold per tonne in the Umbra-Keats Main area and a 0.55-metre stretch that averaged 147.5 grams per tonne -- failed to enthuse investors, who sent New Found sliding 26 cents to $5.26 on 249,000 shares today.
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