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.

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New Found Gold Corp > Why the Fed will loosen later in 2024

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Comment by Dixiedeeon May 01, 2024 11:00am

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Post# 36017281

RE:RE:RE:Why the Fed will loosen later in 2024

nozzpack wrote: Bank failures, interest costs of the US debt and difficulty to sell USTs will force the Fed to either cut rates or print money...which is the same...weaken the USD..

they may have to raise rates to get people to buy their debt the Tbills and the bonds
more debt = higher interest rates not lower

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