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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 Jul 25, 2024 10:11am
115 Views
Post# 36147823

RE:Rock Solid 25 million ounces QWN Selected Discoveris

RE:Rock Solid 25 million ounces QWN Selected Discoveris20 million ounces just at shallow depths drilled, and just a portion of NQW, and NQW is just a small fraction of the two fault zones traversing over 100 kilometers from North to South.

How much gold will ultimately be mined from the Queensway project in the decades ahead?!......it will take years to find out, but it may well be much more than 20 million oz.

I think you can easily calculate a net present value for NFG of at least $50 USD for each share of NFGC from just the figure of 20 Million oz......this would be very conservative.

And.......this explains EVERYTHING!

THIS is why NFG stock is manipulated day in and day out. THIS is why there is a constant professional  basher presence on both key message boards for NFG, with one key basher with a thousand plus IDs.

THIS is why we see such significant volume in this stock, and the BIG accumulation goung on now!

Big Buyers are accumulating shares of NFG.
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