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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 Bilderbergon Aug 29, 2024 8:38am
75 Views
Post# 36200873

RE:Holding

RE:Holding

Gold prices rose in Asian trade on Thursday staying close to record highs.

Feds expected to cut interest rates in September-a scenario that benefits gold.

Revised reading of the GDP data due later today and PCE price index tomorrow will affect gold prices 

Safe Haven demand remains strong

Gold price futures remain positive... Bullish Boullion ;)
We could see record highs in the near term. 

https://ca.investing.com/commodities/gold

unclebobby wrote: Gold up $2518.70  , holding above $2500.00  . Increasing the nfg  assets . 

 

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