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 > New Found Gold project review with some PEA calculation

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Comment by 1condoron Jun 08, 2023 5:47pm

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Post# 35487381

RE:RE:RE:RE:RE:RE:New Found Gold project review with some PEA calculation

Lemmy79...13 dollars in the near term? This stock cant even break 7 bucks and thats with gold near 2000 bucks (the high end of the trade) and a string of what seems like positive news releases. If gold were to dip back to below 1900 bucks this stock would fall hard (back into the 4's). I use to trade this stock in the past (some good and some bad) but then I came across TXG last fall and have on that ride ever since. Good luck to all trading or holding long.

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