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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 bdog123on Nov 02, 2022 1:38am
201 Views
Post# 35065282

So folks, we did crack and hold over $ 5.00 yesterday.

So folks, we did crack and hold over $ 5.00 yesterday. We still have to play along with the FED interest game which plays into USD strength.  Until that dynamic changes, the gold sector is held in check.  It's hard to make money in the environment, but we know NFG has the goods.  It's either buy and hold and wait it out, or wait till the sector changes and find greener pastures, if you like trading.  

Of course, we are waiting for the company to put their cards on the table.  They have a lot of things to do.  It's not just about core results.  There is much more going on the background, I am sue, that we know nothing about.  

Bdog


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