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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 > Big Dave or Golden Glove who finds first big one
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Comment by likeikeon Aug 25, 2022 1:46pm
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Post# 34920371

RE:RE:Big Dave or Golden Glove who finds first big one

RE:RE:Big Dave or Golden Glove who finds first big one
@red911 @RealMoneyRealMoney Sep 2021 $NFG released similar surface sampling assays at Big Dave and $NFG stated "...plan drill targets to be completed in Q4 2021" - I don't think any drill assays have been released for Big Dave (unless I missed them?) - LAB also seems to be very slow w/ progress of late - I do wonder if these two are talking merger - will happen eventually IMO.
 
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@RealMoney Not aware this merger thing. Too big for both.
 
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@ashy2classy Money IMO that LAB news is nothing. Trying to release big numbers but it's not as significant as it may seem, IMO.
 
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@RealMoney @ashy2classy the focus is the flow of these particulars, the source or the monster tail. Not easy or Doug Hurst has the luck
 
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@11111 @red911 I concur, I see a major consolidation, just don't know how soon. Economics demand it!
 
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@red911 @11111 Agree - NFG structures are on strike with all of LAB high-grade discoveries to NE - NFGs Big Dave and LABs Golden Glove will prove this within 100s of meters - this is the same massive system - does LAB need to drill deeper and increase widths? Absolutely but they are ~1 year behind NFG progress but they'll get there. I own both but do believe LAB w/ market cap of $60M (w/ $25M cash in the bank) offers more torque at these prices in the short-term. Eventually I believe NFG will inevitably acquire many companies in the region.
 
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@northstars Who woulda thunk it that Journey's song Don't Stop Believin' would come in handy for a Newfoundland gold mine story...genius. :)
 
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@northstars
 
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@adamcumby local news on nfg
 
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@RealMoney @adamcumby thanks. So NFG has to wait for sep 22
 
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@adamcumby NP, little while longer in fact. The Environment minister is expected to make a decision on the application on Oct. 2.
 
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