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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 May 24, 2023 7:31am
280 Views
Post# 35461429

RE:Why is NFG not heading towards a mine ???

RE:Why is NFG not heading towards a mine ???

Nfg went down with all the other gold stocks when gold corrected ( it is still up roughly 50 % from its 52 week low ) NFG has a massive drill program going on has just started the 3D siemic survey until the survey is complete and some drill results come in based on using this new tool many are sitting on the sidelines but if early success comes in like a lot of of believe it will from using the 3D siemic survey to
target new drill locations and to point them to which existing holes they should drill to depth if this is successful it will be a game changer in many ways including moving the price in a substantial way 
with all jrs especially with one with such a large land package they need time to get all the ducks in-line 
so far I think they have done an amazing job and Eric Sprott has made this his single largest investment ever and he continues to still invest do you really think he is going to give it away   


I for one am happy to have him as a fellow shareholder 

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