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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 Jun 30, 2023 6:47am
135 Views
Post# 35521778

RE:Hey there Dixie, a couple of days ago, I posted this article

RE:Hey there Dixie, a couple of days ago, I posted this articleOf course there will be another financing because they have many more klm of this land package to drill and all of the drilling in the next financing will be guided by the 3D siemic survey so we can expect 
the drill results to be as good but most likely even better than the last ones 
What you don't seem to grasp is if you raise money but you drill and it adds more value than what it cost to drill you have more value that is what is happening here .I understand this concept is hard for you to grasp because 70% of jr exploration companies out right fail in thier exploration efforts and only a fraction of that 30% of discoveries turn into mines what we have here is a gold district discovery not just a single deposit for the hope of one mine . there will be multiple mines on this massive land package in this massive gold district 
your lack of understanding of what we have here and your total conviction that this jr exploration company has no skill set in the exploration business even though they continue to add value with the drill bit weekly begs me to ask the question why are you even here maybe change your handle from evenkeel123 to evenwhy000  

so yes in the not to near future another financing will be coming and possible with a major and it could be an earn in financing where they spend money on drilling to earn the opportunity to buy in or it can be structured a 100 different ways but we have a very skillful team that Iam sure will get it right 
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