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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

Post by Dixiedeeon Jun 16, 2023 6:54am
192 Views
Post# 35499663

Rumours floating around

Rumours floating around

Rumours floating around that mortgage depot and other mortgage lenders in the commercial mortgage space could be in trouble and some will begin to collapse over the few months if this comes to be that could be the catalyst that sends gold to new highs and along with it everything gold 

 with all the empty office space in California and New York and elsewhere this makes a lot of scents that this could happen and then you add higher interest rates into mix could be a lot of delauts and written down assets and the banks balance sheets 

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