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 > Whats that noise??

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Comment by Dixiedeeon Apr 05, 2024 12:41pm

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Post# 35973143

RE:Whats that noise??

1condor wrote: Its NFG banging at that "rock solid" resistance level of 5.00. I will say it again...BUY A PRODUCER...and take advantage of the gold rally instead of sitting in this dead money stock.

nothing wrong with buying a producer your talking about 2 different parts of the gold market
I personally have producers ,royalty companies the bullion itself and NFG with NFG being my biggest single stock holding currently.I also like oil for the last year I been adding on the dips all of these have their time and place in a portfolio based on each persons tolerance and to some degree their lot in life

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