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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 nozzpackon Oct 15, 2024 2:20pm
165 Views
Post# 36266754

Dundee Will be Aggressive on Tolling decision

Dundee Will be Aggressive on Tolling decision

The Pine Cove mill is rapidly filling its milling schedule with new projects and has advanced resumption 
of mining of HammerDown mine in mid 2025.

There are other deposits amounting to over 2 million open pit ounces that need toll milling in NL and Dundee is a great consolidator 


As a former Dundee shareholder, they are strident planners of projects with definitive execution plans befitting the forward project requirements .

I can assure you that they won't fluck around much more with the hee hawing by an indecisive NFG management as to confirming or otherwise.

They have had plenty of time to estimate the simple economics , with Maritime having the miners drillers and truckers to contract with.

It will be a big boost to our NFG share price, and will unburden the heavy responsibility that NFG management have in making such a decision ...
 

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