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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

Post by Dixiedeeon Jul 19, 2023 4:13pm
203 Views
Post# 35548655

Palisade discount this is why

Palisade discount this is why There was discussion about the lawsuit against palisade and Collin Kettell my understanding is Palisade aquired 17,000,000 million shares from an entity a month before they struck the huge high grade deposit that sent the stock to 13.50 ,2 plus years ago they decided to sue claiming Kettell had prior inside information on the drill results he claims he did not it will be settled in court or out of court this is why the discount in Palisade shares which 95 % of the companies assets are shares in newfoundgold .so 17 million of then maybe in question This is a Palisade issue not a newfound gold issue .who eventually gets the shares or how much Palisade may or may not have to pay is not a newfoundgold issue .
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