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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 Dixiedeeon Aug 28, 2024 5:07pm
75 Views
Post# 36200146

RE:RE:There is potential of near term production

RE:RE:There is potential of near term production
Hideaway wrote: Posters seem to feel old reports and videos will somehow support the stock.I wish we would stick to the current situation and forget dribble from the past.Not helpful and somewhat misleading,especially for new investors.
The only things that will help this stock is more transparency and information from the company.What are their objectives,a mine or sale.Neither are feasible presently as no big players would touch this project without more definitive details and we may have to wait some time before this happens,if ever.
like others, it would be helpful if Sprott would give us his thoughts but don't hold your breath.in the absence of news,Septembers can be a nasty month for investors so hold on to your hats.

September to April are the strong months for gold but your right the over all market is very over bought and due for a massive correction at some point that being said gold should do well in that situation gold stocks may take a temporary hit getting thrown out in the bath water with the general market but then should follow gold up nicely just my opinion 
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