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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

Post by Gangstermeon Aug 30, 2022 12:06pm
110 Views
Post# 34929808

Do not see any insiders selling

Do not see any insiders selling

I do not see any insiders selling, do you? 

One would expect to see insiders selling over the past month if, as some of you seem to think, the drilled core that has not yet been analyzed and results published, is actually coming up barren of gold. 

The reason you do not see them selling is that they know that the visuals of the core are as expected and the results of the tests will be similiar to the previous results. 

I am as frustrated as many of you that the assays are not coming as quickly as one would like, just imagine the frustration of the geologists. 

Hang in there this deposit is huge and we will be getting drill core results from these faults for many years to come. 

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