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 > DEEP DOWN EXTENSION question for RetiredGeo

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Comment by Gangstermeon Jul 04, 2023 4:28pm

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Post# 35526301

RE:RE:DEEP DOWN EXTENSION question for RetiredGeo

Bottom line Sprott is betting it goes down further and extends horizontally.

He has a huge chunk of change betting on this.......question is ....is he right?

Several others are betting on the upside of this, so am I for what that is worth. I do understand a fair amount about the geology, however not nearly as much as retiredgeo who is also positive.

Who would you rather believe the above or you local investment counsellor come banker? If you are conservative go with you banker. If you understand the risk buy NFG and hold on until late September.

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