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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 Dixiedeeon Aug 01, 2024 5:34pm
83 Views
Post# 36159250

RE:RE:Bought the dip

RE:RE:Bought the dipI do understand what Iam doing iam building a large position in newfound gold 
it is extremely undervalued asset at the moment 
it has amazing drill results has found in excess of 30 zones is in an extremely good jurisdiction 
has very good infrastructure in place  has one of the best exploration teams in the business has very supportive key investors .I see extreme value here you don't that's ok cause Iam participating with my money so what really counts is what I see not what the jr gold space haters don't see or because the shorts play games with the stock all that does is give us a buying opportunity and eventual rocket fuel when they have to cover .nothing has changed here except they have more zones and gold to depth that they are now drilling for using directional steerable drilling guided by the 3 D siemic survey 
I haven't backed the truck up yet but continue to nibble at the dips if we have a big down day I will load up if not continue nibbling on the dips 
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