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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 > Wow we are up on news day,that is news by it self
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Comment by BladeMasteron Jan 05, 2024 10:17am
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Post# 35812261

RE:Wow we are up on news day,that is news by it self

RE:Wow we are up on news day,that is news by it selfBased on current data, that's what analysts have NFG pegged at, roughly $10 / share (fair value) But, if Eric Sprott is any indication, and based on my memory of his investing history, he has NEVER EVER put this much weight in a Junior in his life roughly 15% to 20% of his total Net Worth in NFG He's not in it for a double or triple ~ Furthermore, I trust his fundamental work and Analyst Team behind him more than any Short Seller or nay sayer (on this board)
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