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 > Where is management

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Comment by Retiredgeoon Feb 24, 2023 6:46am

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Post# 35302712

RE:Where is management

In the month of February Gold is down from 1950 to 1819. ABX is down from 26.52 to 21.77 and AEM is down from 76.00 to 61.47. Our poor NFG is down from 5.38 to 4.53. This is not out of line with the group. With more interest rate hikes on the horizon precious metals are once again out of favor. Don't blame management for the macro environment, blame Powell.

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