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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.


TSXV:NFG - Post by User

New Found Gold Corp > Who Should Never Buy US OUT
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Post by nozzpackon Aug 01, 2024 8:48am
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Post# 36157882

Who Should Never Buy US OUT

Who Should Never Buy US OUTThey are the five largest gold stocks.

Why?

5 year ROE of just 6%.,...hardly covers inflation

Who wants to risk their money on just  6% ROE.

Not me.

Aint gonna change my lifestyle .

Besides, the more they acquire, the more bloated the float and the shower the capital growth.

Whats your investment Thesis ?

So why invest in these debt slave Biggies 
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