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.

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New Found Gold Corp > Wondering

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Comment by Global1966on Oct 08, 2024 10:25am

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Post# 36257746

RE:RE:RE:RE:RE:RE:RE:Wondering

It's not something that only applies to Nfg and Canadian gold stocks. In Australian media today it was reported that many good gold stocks are priced as though gold is $1900 US. Either the market is right or there is a lot of catching up to do with gold stocks globally. It will be interesting to see what happens when the gold price reaches $3000 US

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