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.

TSXV:NFG - Post by User

New Found Gold Corp > 1st step would be profitable eh

<< Previous

Bullboard Posts

Next >>

Comment by Davec12on Dec 01, 2022 10:26am

125 Views

Post# 35142852

RE:RE:1st step would be profitable eh

Want an example ?
Take a look at EDV endeavour mining.

Take a look at a 3 yr chart, that is what a profitable mine looks like. 20-30 $ range

Now expand that to a 10 Yr chart, that is 4-30 $ range
That is what a successful devlopment looks like.
Luckily I bought at about 4 and sold at about AVG of 20$.

I'm sure I will be doing the same thing with NFG, just a matter of timing.
I've already bought and sold NFG a number of times. 3$ buys and 12$ sells

I've also invested in lots that have not worked out.. Thats junior/explorer investing.

<< Previous

Bullboard Posts

Next >>

The top 10 artificial intelligence penny stocks