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 > Initiation of Production will triple the share price

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Comment by Hideawayon Aug 26, 2024 10:25am

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Post# 36195954

RE:RE:RE:Initiation of Production will triple the share price

Gangster,I agree with your assessment and the Shareprice reflects your views.
Management is very scarce with news and this also hurts price.Junior mining companies are hard to predict and subject to many failures as they line their pockets with high salaries and options at shareholders expense.Hope this is not true for nfg,time will tell.The pumpers and wishful thinkers are out in full force.Best to ignore all until more info is released.

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