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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 Evenkeel123on May 31, 2023 3:44pm
120 Views
Post# 35473410

RE:RE:RE:RE:How come NFG won't do a trial mine?

RE:RE:RE:RE:How come NFG won't do a trial mine?

Thank you for your post.  Nice handle too!  First of all, I still own some of this stock.  Asking questions here that lean slightly in the direction of being critical in any fashion or manner are all put down, and after a while, you get a thick skin to what is said and what comes back at you.  If you are not part of the rah-rah crowd, then you are not welcome here, or so it seems.  I am an A personality, and I call the shots the way I see them.  I forgot how to be diplomatic when dealing with certain characters.

Most of the posters here know what I am talking about.  A trial mine or bulk sample was discussed at NFG some time ago, and yes, I do contact the company from time to time regarding some issues. I have spoken to the CEO on occasion, but I am not going into details.  There is no point. 
I made some statements here and was called, more or less, a liar.  For example, I do know, as
others do as well, that certain majors were in to look at NFG last year and turned it down.  Of course, if someone calls to question that, they would not get a proper response.  So I question
what is wrong, why no real interest?  Is it price, or is it cost of development, or the length of time it will take to develop, and what is really going on here?  It seems to be an endless story, and the way it feels, a lot of will be long gone before this becomes any kind of a mine.

Some of the posters here simply do not want to entertain the possibility of errors that can happen.
This company, is after all, simply an exploration play that may carry on for years to come.  You have
to wonder how one is to make any money here, unless you are in management, lol.  They do well.
After awhile, drill results, no matter how great they look, don't cut it anymore.  Osisko is another great example of this.  

I don't personally care if that GGG guy throws mud as he did in his last post here, or if retiredgeo
pretends he doesn't know what a trial mine is.  Any geo worth his salt understands it.  When people are happy wearing blinders and only want to dream of riches that at this point and time are unattainable, then so be it.  I would like to wake a few up to reality.  The readership I get says some people read what I post.  I rest my case, and see what the future brings.

If anybody wants to discuss this stock, the grades, the widths, the costs coming up, the dilution to hit this fall (some say it is nothing, but it is always something), and many other events coming here, then fire away with an open mind.  Everything should be touched on and honestly discussed from the viewpoint that that this is not "our" company or stock, it is a stock, and mangement is not infallable.  They too should be questioned, especially here, about the future of the company.

EK

EK

 

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