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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 AlwaysLong683on Jul 10, 2023 10:31am
128 Views
Post# 35533487

RE:BRICS currency

RE:BRICS currencyExcerpt from an article courtesy of Wionews dated July 7, 2023:

....the New Development Bank, a financial institution created by the BRICS bloc, said in an official statement that it doesn’t have any immediate plans for a common currency. Instead, the members of BRICS – Brazil, Russia, India, China and South Africa – are pushing to conduct more bilateral trade in local currencies. They aren’t ready to challenge the global dominance of the dollar. "The development of anything alternative is more a medium to long-term ambition," Leslie Maasdorp, Vice-President and Chief Financial Officer of the New Development Bank, told Bloomberg. "There is no suggestion right now to create a BRICS currency". Prior to the BRICS virtual summit, India's foreign minister Dr. S. Jaishankar said that "there is no idea of a BRICS currency. Currencies will remain a national issue for a long time to come".



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