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 > Yah

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Comment by Global1966on Oct 09, 2024 12:03am

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Post# 36258832

RE:RE:Yah

No one said Nfg has higher ultra grade gold than Fosterville. They say QN is larger than Fosterville in size and ounces. To compete with 4 million Fosterville ounces, QN needs 12 million oz of 20gms gold. Even if they half the ounces it is a fantastic resource resulting in spectacular earnings.

Nfg needs to communicate its strategy better with retail. Maybe they don't care seeing 70% of the shares are locked up and they are marching to the beat of their own drum. But I believe they are better than that.

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Advancing flagship Ishkõday Gold Project in Ontario