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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 Dixiedeeon Sep 15, 2024 4:17pm
135 Views
Post# 36224663

Collapse or revalue

Collapse or revalue Assuming USA has the 8000 plus tons of gold it claims to have could they not revalue the gold in US$ at a much much higher # and have the dollar find it's much much lower value without defaulting they may have to give up much of their gold to achieve a no deflaut but all this does assume they have the gold it hasn't been audited in 1/2 a century or more so who knows if they have what they say .

China has a lot of natural resources and has been increasing its gold holdings many believe they have much more gold than they claim to have but who really knows 

I belive everyone needs some actual precious metals gold and silver and to be debt free if possible before you start buying stocks being debt free puts you in control in good times and bad 


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