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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

Post by Evenkeel123on Aug 15, 2024 8:45am
233 Views
Post# 36180181

So what is really going on?

So what is really going on?It seems nothing has been actually learned to advance this projects except to keep on drilling, spending money under the excuse that the junior market is lousy, and as bucc said, showing
off shiny new toys, glitz and promises, direction without conviction (the mill??) What happened?

All I can say is if Eric gets a burr under his saddle and decides to sell some stock to send a message to these lifestyle boys, then look out below.  Bucc's 50 cents will happen.  

I don't understand, as Nozz said, why nothing was brought out in the open.  Did ES actually show up and make a short speech?  If not, then that sends a message as well.

My opinion is it is way to early to buy, and perhaps the entire landscape is going to change as the ATM kicks into high gear and dilution takes a bite out of all wallets.

EK
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