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 > Regarding the ATM

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Comment by Retiredgeoon Aug 04, 2024 6:48am

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Post# 36163728

RE:RE:RE:Regarding the ATM

Lundin Mining and BHP buying Filo for $4.1 billion CAD is a positive development.

The Victoria Gold disaster and Snowline's native problems have cast a pall over that play.

Things are looking up for NFG. Money is coming back to the junior market and the number of big gold discoveries available for purchase is few and far between.

I doubt that Eric will sell for a loss. What is break even price is I don't know. I'm sure that he would favor a joint venture with a major.

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