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 > BIG MONEY

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Comment by JRafflesUKon Apr 26, 2023 9:36am

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Post# 35414240

RE:RE:RE:BIG MONEY

Notes from the Apr 18 2022 financialpost.com Sprott article:-

"........Sprott's [NFG] purchase was announced on April 12 [2022], trading at about $9.05 on April 18 [2022]....."
"...........The price of gold has risen 12% in the past six months [to April 2022] to US$1,972 per ounce...."

In April 2023, the POG is almost identical to the same time in the previous year. However:-