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 > Just gained $0.12 yesterday ….here is why

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Comment by Evenkeel123on Mar 21, 2024 11:19am

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Post# 35945021

RE:RE:RE:RE:RE:Just gained $0.12 yesterday ….here is why

Nozzpack, now I know you are dreaming, lol.

With such a heavy payroll to support plus exploration expenses and money that was created to further this exploration, I don't think they are even allowed to use any of that money to buy back shares.

They don't qualify for the TSX. Requirements not met.

Road shows? They are a lazy bunch who think the world will come knocking on their door.

Finally, when 2 people control the stock and board, what you expect? Ah yes, the lifestyle company.
I forgot. I think that's what it's all about, lol.

See ya - EK

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