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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 Dixiedeeon Sep 16, 2022 8:47am
137 Views
Post# 34966424

Nfg and gold price

Nfg and gold priceNFG price action should become less dependant on the current price of gold after all its the price of gold years from now is when they will be selling thier gold 
as a jr the gold price plays a part but drill results will play a bigger part at this stage .so any short term dips that maybe caused by gold volity should be taken advantage of by those that can and haven't filled thier full position yet
we will have lots of results coming out from now to January that I believe will continue to be outstanding as the previous results have been this project continues to grow daily with 14 drill rigs drilling daily and core samples piling up at the labs waiting to be tested 
for those that can get past the noise of the day and focus on the big picture here you will be greatly rewarded 
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