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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 CliffBootheson Nov 21, 2022 2:05pm
75 Views
Post# 35116273

Ploward

PlowardQuite good interview with European Investment manager. He's a gold and commodities ( hard asset) proponent(a goldbug. Ask a preacher if he likes choirboys and what do you think he will say Dan the liar), but, it seems quite reasonable that investment focus is shifting in that direction..... https://youtu.be/9W5PkLudcqE...... He discusses a number of issues, and here's a few: BRIC nations plans to create an alternative to the US $ as a key currency for trade(then they will get bombed like Iraq. By you)......Central Banks accumulation of gold......US $ turning?......Price outlook for gold stocks big and small (Barrick, Newport with 5% yields)(and 30% price drops )....... Copper miners selling copper for 30+% premiums to spot futures prices(copper is useful)..... I'm pretty confident that the price of gold will be heading UP in the years ahead(as much as the cost of mining that gold?), as there seems to be many factors lined up to do this(plower. What do you know other than how to lie). But, that is a long term factor, and ONE of the factors that will benefit NFG significantly, but will play out only over time(you dont even know if they have a mine yet).......Eventually, I could see NFG becoming a strong dividend payer(heard the same about nvo), another reason why I think this is a very attractive long term hold(ditch taker. Stand your ground next time if you dont want to go over the top rail again wuss.)........ Remember, NFG daily trading resembles ACCORDION action. https://youtu.be/9W5PkLudcqE (left to go right. Got it)
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