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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 Jul 04, 2023 7:23am
139 Views
Post# 35525422

RE:Observations from Collin Kettell interview

RE:Observations from Collin Kettell interviewThey  could always distribute the NFG shares to their shareholders in the way of a dividend to get a dividend tax credit and pass the tax bill onto its investors I believe they have done this with other shares of companies they have owned in the past .But their hands are currently tied due to the 17 million shares in question from a current law suit against them which they say has no merit and most likely doesn't but for this reason I prefer to invest directly in the shares of newfound gold rather than through pallisaide just cleaner at the moment 
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