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 > Successful Intermine Prediction of FS outcomes

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Comment by Hideawayon Oct 17, 2024 1:06pm

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Post# 36270213

RE:RE:RE:Successful Intermine Prediction of FS outcomes

Uncle,there are numerous reasons that account for the current SP.We are still a junior gold exploration company with no production,there is no MER or FS and very limited company news.the SP is locked in this range because of this.IMHO,it is very unlikely that any big gold producer would be interested in making a buyout offer without more definitive information.

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