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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

Comment by nozzpackon Oct 18, 2024 5:19am
119 Views
Post# 36271092

RE:RE:RE:RE:Question I asked of CK of newfound gold

RE:RE:RE:RE:Question I asked of CK of newfound goldGold at $2718, one of the highest grade district discoveries in the world, multiple deposits  for shallow high grade open pit mines, very high recoveries , and a tolling agreement whose mill with excess milling capacity  can accept QW ore and deliver up to 98% recovery , skilled mining force , fully permitted long term tailings facility, a source of commercial processing of waste ore and a gravity recovery circuit installed to collect gold fines, further enhancing gold recovery , while NFG management continues to prevaricate on options to convert  millions in unlocked value of a world class asset in favor of a low ball buyout that may or may not soon emerge , while shareholders suffer from a share price near all time lows that not even  a double buyout price would restore to positive capital appreciation .

This, after drilling over 500,000 meters , extensive equity dilution and multiple record POG highs..

Just sayin..

AIMHO

GLTA






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