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 > If the name fits

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Comment by Retiredgeoon Dec 04, 2023 12:20pm

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Post# 35767260

RE:If the name fits

The speculator bubble of 2021 is long gone. Good press releases no longer move the needle You are investing in a future gold mine with first production maybe spring of 2025.

There is the possibility that deep drilling will bring in renewed speculator intrerest. There is always the possibility of a buy out offer.

This stock was around $6 when the last financing was announced. History says it goes back to $6 and then beyond.

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