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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 Evenkeel123on Aug 03, 2024 9:30pm
76 Views
Post# 36163642

RE:How is that possible

RE:How is that possibleWell, if the ATM acts as an anchor and downdraft on the stock, then what is the point in even owning it?  I will say that it USED TO BE a rocket,  something to be admired at one point, but the lack of even a fundamental business plan that instills confidence in shareholders is now ebbing away.

I really wish we knew what ES is thinking about all this.  He is in deep, it's his darling in his eyes, but often the downfall is not the companies' holdings, but the management team and their direction.

I remember this line.  "What we have here is a faiilure to communicate"

We shall see.  I am afraid the BBQ coming up will disappoint many.  Those that are going, please look through and past the smoke and mirrors.

EK


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