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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 Fredo51545on Aug 06, 2024 11:45pm
86 Views
Post# 36166963

RE:RE:Gram-Meters Intermine Prediction Success ..20 out of 20

RE:RE:Gram-Meters Intermine Prediction Success ..20 out of 20Total ounces means nothing, Africa has 500 million ounces (made up number). So? Only mineable ounces have value. Only the gold inside an economic pit envelope has any real value. Until management shows us that, the stock will not respond to additional exploratory drilling financed with constant dilutive equity raises. Heck, this stock does not even respond to the rising gold price.
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