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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 Dixiedeeon Dec 29, 2022 12:09pm
173 Views
Post# 35195390

Low volume days

Low volume daysThe markets have little interest today and most likely tommorrow I would think low volume for now 
next year should see a lot of fireworks 

gold & silver moving higher rates higher but at a slower pace 
Lots of drill results should be reported in the 1st 1/4 of 2023 for NFG 
NFG have lots of options for future drill program survey will most likely come before any new drill program is announced 
with tax free saving accounts having new contributions jan1 many will be adding 
To their positions With all the upside possibilities many will be averaging down if the bought at higher levels others will just be adding if they don't have their full position yet 
gold stocks will come in favour in 2023 with golds continued move up its having a strong finish to the year happy new year to all 
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