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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 Dixiedeeon Apr 05, 2023 10:46am
114 Views
Post# 35380954

RE:RE:RE:RE:RE:RE:RE:Ah yes, and thd discussion continues

RE:RE:RE:RE:RE:RE:RE:Ah yes, and thd discussion continues

Evenkeel123 wrote: Dixie, I used to view this stock as a long term hold.  I do not know much about mining, but I am learning that timelines are very long in this business.  Actually, control is in the hands of just 2 people, and we know who they are.  When the opportunity arises in my eyes for a trade, I will be there.

There is no argument from me.  Lionelmac is a good guy who is showing his personel importance, lol.
There are a lot of smart people on this board who can think, but it always seems to be on the positive and best scenario side, rather then taking into account what can happen.  As miners know, if it can happen, it usually does.  The pitfals are far greater at time then the rewards, and many big investors have lost money on plays that should have produced, but went bankrupb instead.  I am not saying that is the case here, but as retiredgeo stated, we are still years away from a concrete base and footing.

EK

 

by the time we have concrete footings in the ground this stock will be 50-70 maybe higher 
I have Trading position and a core position if I did not believe in this play I would just of had a trading position 
I bought many of the dips and have sold some on occasion my core position is much much larger than my trading position 
The stars are aligning for this one to move up considerably well before a mine site is in the works at that time I hope to be playing with someone else's money only 

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