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 > Collin Kettell one year ago

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Comment by nozzpackon Oct 14, 2024 12:00pm

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Post# 36265237

RE:Collin Kettell one year ago

Not to begin early mining of NFG condemns its shareholders to a continuation of costly drilling funded by persistent cheap equity financing by ATM and a share price unimpressed with additional assays.

As CK owns a significant number of NFG shares via NFG and especially PALI, and an ageing Sprott,
they also will be incentived to convert to producer status and a valuation 3-4 times higher.

So, it's a highly probable decision..

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Advancing flagship Ishkõday Gold Project in Ontario