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 > Buying the dips

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Comment by InspectHerBoobyon Aug 12, 2024 5:19pm

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Post# 36175351

RE:Buying the dips

If we have 15-20 million oz., then we are currently WAY UNDERVALUED.
Once they have reliable numbers, they should hold a press conference, with Sprott and all of the major mining News entities, this will get the stock price moving in the correct direction.
Otherwise, a buyout will result in a low valuation for shareholders who have been waiting patiently.
That's my .02

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