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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

Post by Dixiedeeon Apr 06, 2024 10:12am
381 Views
Post# 35974702

What phase we in on gold

What phase we in on gold What phase are we in on gold what I think for what it worth we have 3 phases in gold we are nearing the end of the 2nd phase in my opinion this is where gold moves much higher but nobody other than long time  gold investors notice that is what we have right now in this phase interest rates at the end of this phase starts to move higher again and so does infllation .This is my observation from previous times in gold .In the 3rd phase Gold starts with a temporary pull back that is short lived continues to climb higher gold stocks and everything gold and silver begin to run higher in most cases multiples of where they are in phase 2 still relatively unnoticed by the general investing public and public in general 
interest rates peak  within  6 months of golds high almost peaking together gold goes probolic the local news station are reporting on gold and how everyone is buying it that's the time to get out we are not even close to this yet 

This time around we also have the great shift of wealth from the west to the east brought on by huge western debt and the weaponizing of the US$ and sanctioning of anyone that doesn't toe the western line the confiscation of assets of anyone the wests disagrees with plus kicking countries out of swift or threatening to was the last straw..The east which includes all the bric countries plus a large number of Middle East counties are dumping the US$ and buying gold this is what is pushing gold up now and it has only just begun to heat up as the USA uses paper gold to drive price down it will be now meet with physical buying by this group on a daily basis this is what I see happening this is my opinion and my conclusion from study this and watching it happen before my eyes over the last 50 years if you own gold silver some gold and silver stocks and newfound Gold currently you could not be in a better position at this time and place that's my opinion it may or may not be yours but if your reading this chances are you share some of my sediments on this good luck to all Do your own DUE Diligence and research you may come to the same place I am or not 
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