Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 30, 2023 7:59am
178 Views
Post# 35563619

RE:RE:RE:RE:Is this part of the drill program or new

RE:RE:RE:RE:Is this part of the drill program or new I to expect another financing but not until later in the year I believe it will be more like 8.00 they are totally funded for this year approx 7 to 10 months with gold about to take off and early fall some drilling using results from 3 D siemic survey there is no rush to finance and short change themselves also it maybe a buyin from a major on a specific part of the land package where they pay drilling costs for a right to buy in or some arrangement like this once gold is proved to depth as I expect it will be there will be lots of interest in making some deals or it could be a straight share sale to a mutual fund or other investment firm but it will be at higher prices than todays price December gold futures where trading at 1,999.90 US$ last night again by end of sept. I expect new 52 week high for NFG this time the 7.60 will be taken out 
<< Previous
Bullboard Posts
Next >>