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 > The big disconnect

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Comment by Spikearoo1on Dec 01, 2023 2:15pm

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Post# 35764029

RE:RE:RE:RE:The big disconnect

My ELD, Torex and EQX are doing well... But very disappointed in NFG. Everyone is still upset about the last financing. I don't get it...they are using the money to push this project further with more drilling but the market acts like that is a bad move. WTF?
So confusing. Curious to hear anyone's technical analysis on the share movement. Is a bear flag forming to make this go down further?

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Two micro-cap stocks with strong fundamentals