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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 DanWarrenon Jun 22, 2023 9:12am
109 Views
Post# 35508800

RE:RE:RE:RE:Two news releases a week

RE:RE:RE:RE:Two news releases a weekLithium is one of the most common elements on earth, so I've heard, and I'm not a geologist.

But, all these Lithium stocks I have a hunch are in for a rude awakening...it may  take monster Lithium deposits to be put into production.Elon Musk and others will want very long lived deposits that they can count on

Also, what happens to Litium if they creat a new light weight more effective battery? These batteries add so much weight to the EVs that they are 50% heavier than gas/ diesel vehicles.....you don't want to get hit by an EV!
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