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 > Gold prices holding steady gains as the ECB raises interest

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Comment by surething1111on Sep 08, 2022 10:02am

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Post# 34949133

RE:Gold prices holding steady gains as the ECB raises interest

braindeadoldguy wrote: Well, not really. Gold is diving again, lol. ECB raised rates .75 basis points, and the game goes on and on and on. Yawn.

B-dog

Actually a blessing in disguise Bdog.

As currencies around the globe are forced to raise their rates (due to the US central bank already having raised theirs), this should ultimately put downward pressure on US dollar, that by which all commodities are denominated in.

Best
S

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