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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 30, 2022 11:23am
96 Views
Post# 34929648

RE:Eh ST

RE:Eh ST
BuccneerIslnd wrote: You need to shape up. A 57$B market cap for a 4500 tpd producer?

Show me a minco that can do that and I will wear pink panties.


Know nothing.




Bucco


Bucco,

Go back to your Economics 101 book and do some reading in chapter 11. Learn a little about intrinsic value. 
Something about future earnings, long term dividends, share buybacts etc.  Without it most oil companies would be worthless.........but we both know that NAV is a paper exercise don't we.
Nfg future market cap may not be 57 Billion, but 12- 15 is certainly in the realm of possibility.
One thing to know is with 14 drills turning, massive core facilities, and proposed road infrastructure planned, something very large is underway.
It's a damn good thing that management doesn't entertain nickle and dime publications such as Crux, or they'd be folding up shop right now ;)

Oh, speaking of oil,......I actually ponied up a little money this AM and bought a small chunk of tou. Got in a little over 76........thanks buddy

Best
S

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