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 > My guess on gold with a tough Fed at the helm

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Comment by Retiredgeoon Nov 03, 2022 7:38am

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Post# 35068966

RE:RE:My guess on gold with a tough Fed at the helm

Queensway is located in Canada. All expenses are in Canadian dollars. Gold is holding steady in terms of Canadian dollars. Non US citizens who have bought gold are doing well in terms of their local currencies. Gold mines located outside of the US will also do well.

Doom and gloom talk is locality specific. If you send your currency to the moon you pay the price.

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