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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 Dec 17, 2022 6:29pm
124 Views
Post# 35178000

RE:Iam back

RE:Iam back Good to see your smilin' face again!


Dixiedee wrote: Well I was suspended for advertising NFG site so I don't recommend and one do that or any other sites 
After a review I have been reinstated I have to applaud the Stockhouse management for cleaning up the board the fact I was suspended in their undertaking means they are trying to make these boards 
great again and iam ok with that 

now hopefully we can get to talking about things that effect new found gold 
Gold is holding up remarkably well sometimes stocks lag and sometimes lead considering we are in the red for the year I think  we will lag the price of gold for awhile barring any great news ( not sure how much better the drill results can get they have been awesome to date ) Possibly  info on the up coming survey and the next phase of drilling wil set the spark we need 

I believe 2023 will be a good solid year for the price of gold interest rate increases have slowed but not stopped 
Gold and interest rates historically peak very close together and the fact rates are going higher for longer leads me to believe we still have legs in a higher price for gold which should lead in interest in gold stocks majors and jrs 




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