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

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Post by nozzpackon Jun 02, 2024 10:53am

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Post# 36068214

In 2023, Small Cap Gold Producers have Top InvestmentReturns

Very early in Sprotts Gold Equity Fund there is a table showing investment returns of gold producers ranked according to size ..link below

Small cap producers ROI in 2023 was nearly 26% which blew away large caps...I never invest in them ..followed by medium etc.

This is because small caps can explode out of the market cap gate as they quickly expand their production or, as is usually the case, are taken over..

https://sprott.com/media/6883/gold-equity-ye-fs-2023.pdf

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