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.

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New Found Gold Corp > Dan and his $110 per share

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Post by BuccneerIslndon Aug 30, 2022 9:00am

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Post# 34929065

Dan and his $110 per share

Min capex $2b for a decent sized mine with mill. That adds 400m shares at todays price regardless if you pay for it or if its worked into the calculation by an acquirer. Now you have 568m shres os x 110$=$57$b

Dan Warren is saying nfg will have a market cap of more than twice aem. And 1.5 x abx, and 1.5 times nem.

You guys should be paying me for injecting a dose of reality on this board.

Bucc of the napkin

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