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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

Comment by eldrecoon Nov 28, 2022 10:04pm
207 Views
Post# 35135563

RE:Share price rise

RE:Share price riseThanks, itsjustme,

Many of us are in the red...but does that hurt belief?

Looked at from a slightly different perspective...the rise in the SP for NFG was totally in the face of a "down-day" for the price of gold.  Quite remarkable when you think on it.  What does that say?

And you are right - tomorrow is a new day...and you know that they will be hammering at the SP...but what happens if Tuesday/Wednesday they do another?  It's not like they don't have a lot of core assays waiting in the wings!

Exciting times, indeed.
el d

itsjustme1 wrote: Does  momentum keep going? If gold price would have cooperated today we would be a lot higher. Tomorrow should be interesting. Definetly the assay we have been waiting for. I might even start believing again. I am still very much in the red but hoping we are on a new upside trend with more to come.


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