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 > Ok

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Comment by eldrecoon Aug 26, 2022 7:59pm

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Post# 34923945

RE:RE:Ok

Goldziggy,
I am amazed that you have said this. It happens so often! Note that the shares are not released yet...they are just clearing it with the regulators that this can happen (at the company's convenience) without waiting later for approval.

There is a name for this...I am having a senior moment...maybe someone immediately has the term at hand.
best,
el d

Goldziggy wrote: yes its atm and could be now at 5$ or at 6-7-8-9-10$ or higher or lower and the company decides when and at what price they want to sell shares at if at all. just never seen this before

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