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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 surething1111on Aug 24, 2022 11:08am
160 Views
Post# 34917002

RE:RE:Observations

RE:RE:Observations
Kewl002 wrote:

Surething - local feedback MUCH appreciated!

Any chance you could comment - were either of "the 2 other properties" - Solomon Minerals?

[tquote=surething1111]Ignore the touted Crux report, tho skilled geologists, they are master's at exposing half truths and fabricating on top of that. Note the timing of this report, and the appearance of Bucco. 

Also highly suspicious is the lack of any news from any of our Newfoundland companies who have many months of backlogs. I have it from very good sources that chysos, and Eastern labs are running a normal 3 week back log. This would indicate to me that not just nfg but virtually all gold explorers in Newfoundland are sitting on a pile of unreleased assays. One common denominator........ES............it seems the relatively low gold price is allowing several parties an extra bite at the apple. Pacman is on a rampage accumulating.
Also have it from several drill crews from this and at least 2 other properties that they've never pulled cores such as what they're witnessing. Multi meter intersepts with highly visible gold. Experienced drillers can go a lifetime without ever even seeing visible gold in core.
These concerted lack of drilling results are not due to lack of assays, but certain powerful people accumulating......know what you own, and pick up more if you can. 
Think Timmons circa. 1910
I may poke fun at Bucco, but make no mistake, he's very good at what he does. I know for a fact that he doesn't believe half the tripe he spouts, but he's paid well.
Dan, I wouldn't worry too much about the shorts reported as it's a very low percentage of outstanding shares. Very large overhangs are being used to convince retail into selling underneath. Shorts may be part of this strategy, but only a small part.
Best
S

PS........Bucco, quit bring box cutters to sword fights ;)


 

[/quote]
Hi Kew,
My information is only 2nd hand as I live about 1500 miles south, but Sokoman is indeed one, and it seems that Lab to the north is also pulling some very interesting core.......on the same high grade vein feeding network that has generated much success at Queensway........still searching for high grade lobes coming off of......Golden glove may have it.
Best S

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