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

Post by DanWarrenon Feb 01, 2024 2:41pm
119 Views
Post# 35857757

When MFG becomes a Gold Producer....

When MFG becomes a Gold Producer........What if rather than selling ALL its gold to dealers, NFG gives a right to buy gold directly from NFG to Shareholders ?!

Watch this interview with two gold pros, Andrew McGuire and Craig Hemke......

They comment on the shortage of gold and the disconnection of gold prices to interest rates.....it's because there isn't much physical compared to futures contracts, and the fact that gold was upgraded to a tier one asset from a tier two asset for central banks in Jan 2023.


https://youtu.be/V09MKnBgldg?si=HlQdyvnMRxLu15iw

Hmmmmm......Given NFGs incipient recognition by a growing base of investors that Queensway......and Newfoundland in the broader perspective....may be one of the biggest gold discoveries in decades, is it quite possible that NFG has an absolute explosive upside potential when gold does break out, particularly in USD terms?

IOWs, might we be on the cusp of an explosive rally in NFG  which could catapult NFGs price by multiples in a few months?!

Could NFG be influenced by shareholders to think outside the box, and set up a special marketing/ delivery program allowing NFG investors the right to buy physical gold from NFG?...Why the heII not!
<< Previous
Bullboard Posts
Next >>