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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 DanWarrenon May 20, 2024 3:27pm
129 Views
Post# 36048960

RE:Imagine Bill Gates put 30% of his net worth...

RE:Imagine Bill Gates put 30% of his net worth... I think you are saying that since Erich Sprott put 30% of his net worth into NFG ( which is what you posted earlier) that this is a pretty strong indication that ES thinks NFG is a very special investment.

Yeah, I think it is a key factor when a very astute investor in a sector he is expert in makes a significant investment in a company.

ES is a very key factor for NFG.

We are going to be looking back in regret when these low share prices for NFG are way back in the rear view mirror.

I'm full up on NFGC and PALI....but, bought a little more NFGC this A.M. anyway. 

I feel very confident that gold is unstoppable, and the gold stock sector, at extreme low valuations now, will be playing ketchup.......

Most of the shareholders here got in early....too early haha!....But, many kept loading up at low prices, so to a good degree, still have hood entry points, but lots more shares than we ever anticipated.

We are in a SEA CHANGE, and gold is the safe haven. Gold stocks may...MAY...(.and I'm quite optimistic, but, its still to be proven, obviously) be in a counter trend to any coming bear market in the general stock market.

If that is the case as it turns out ahead, we'll be in a very advantageous position, with gold stocks up, and the general market down, maybe both big time.


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