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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 BuccneerIslndon Aug 30, 2022 11:54am
51 Views
Post# 34929766

RE:RE:Eh ST

RE:RE:Eh ST
surething1111 wrote:
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


Go back to your Economics 101 book and do some reading in chapter 11. Learn a little about intrinsic value( Are you going to lean me something I dont know ST? I cant wait). 
Something about future earnings, long term dividends, share buybacts etc(righto but if you have a mine and if you earn money then it still wont be for 10 yrs and you will be long gone by then ST).  Without it most oil companies would be worthless(nope. They generate great earnings and cash flow which you would know if you could read a financial stmt).........but we both know that NAV is a paper exercise don't we(Tell that to Ivn who listed Ivanhoe Electric last month because they had other projects and the market is giving them no credit for metals that wont be produced in the next 10 years when they have 100 years of resources).
Nfg future market cap may not be 57 Billion, but 12- 15 is certainly in the realm of possibility(dream on).
One thing to know is with 14 drills turning, massive core facilities(so what? is there any gold in that core or is it all for show), and proposed road infrastructure planned(ah, a road to nowhere paid by someone else. How about you put out a resource first and lets see if you have a mine before spending tax payers dollars on a road), something very large is underway(a large promotion?).
It's a damn good thing that management doesn't entertain nickle and dime publications such as Crux(they are scared shiitless that Crux is right. And Crux is right), or they'd be folding up shop right now(why do that when they can stuff their pockets with salaries, bonuses and expense accounts for years and years) ;)

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(dont care. Tou doesnt need you or anyone here. They make a lot of money without you)


Bucco
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