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 > Gold at 1900$ and this stock is dead in the water at 5$

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Comment by Goldziggyon Jan 13, 2023 11:03am

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Post# 35221111

RE:RE:RE:RE:Gold at 1900$ and this stock is dead in the water at 5$

That financing completely destroyed the momentum in this stock. Talk about bad timing by the company. They still had 40 million left with the huge keats west hit this would have been trading at 8$ by now with gold over 1900$. Every mini rally gets sold hard. Not sure what its gonna take to move the needle here but whatever they are doing now is clearly not enough

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Advancing flagship Ishkõday Gold Project in Ontario