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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

Comment by Dixiedeeon Mar 25, 2024 8:16pm
100 Views
Post# 35951939

RE:RE:RE:RE:Mystery

RE:RE:RE:RE:MysteryAt the early stages of gold moving up your comments have merit but you don't invest in an exploration company because you think gold is going up you invest in an exploration company because of their potential with the drill bit and nfg has had enormous success to date and now everyone is waiting for results at depth the geology here suggests that the potential for the grades to get higher and the gold to get more plentiful as they go deeper . Talking about following the money this is Eric Sprotts biggest single investment in his entire life ever and he still continues to buy .There is a trade here once in awhile and I have 10% of my float that I do trade once in awhile .At anytime this stock has the potential 
to make a huge run so I would never trade myself out of my position.For full disclosure I'am looking to add around these levels again 
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