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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 IkeKeilbasaon Nov 30, 2022 9:34pm
97 Views
Post# 35141731

Dont you guys

Dont you guys get a bit sick and tired of insiders feeding at the trough? Thats part of the reason I dont play these jrs anymore. 

They already filled their pockets with founders shares and if they spend 100% of their time working for the company then I have nothing against a fair salary but how about paying yourselves exorbitant salaries once youve found a mine and its profitable.

"Yeah but look at the stock price appreciation."

Yeah but if at the end of the day you dont have a mine or its not profitable and the stock goes back to $.30 are you going to pay back the millions? I dont think so.


Ike


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