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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 nozzpackon Apr 25, 2024 9:54am
90 Views
Post# 36006922

RE:RE:RE:Quenten Hennigh Interviewed by Podcaster on NFG....

RE:RE:RE:Quenten Hennigh Interviewed by Podcaster on NFG....Thank you for your commentary .
I agree that a rise in the POG could provide some lift to the share price .

How much would depend on the ability of the shorts to wash trade and roll back some of the POG gains versus how much upwave opposing force NFG could generate in increasing trading volumes.

The latter point is extremely critical .
We have seen investor assay fatigue .

That no longer does the trick .

Maybe the final report of the Seismics analytics showing calibrated return echoes that  high grade gold is sustained to at least the effective depth of the Seismics .

Given other orogenics, this would not be unexpected but nice to see confirmed.

Nevertheless, Quenten remains on point that the biggest and quickest gains will come from early cash flows and/ or a Buyout.

I do not follow Quenten , so his success rate may be patchy and not worth the read .

But, with a tolling MOU in place, it would be unexpected that early mining is not under consideration.


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