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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 21, 2024 4:43pm
208 Views
Post# 36275530

Offer Coming for Palisades

Offer Coming for Palisades

Huge volumes and substantial price increases in Palidades share price this past two days.
Previously, huge insider buying.

Any large senior wanting to control NFG could not buy in the open market  suffucient shares to control NFG and remove its incompetent management team.

By offering the equivalent of the NFG market price, such a buyer would own Pali and its 44 million shares of NFG .
 

CK and DL own less than 10 million shares of NFG.

Hence, in combo with Uncle Eric, and millions of other underwater NFG shareholders , NFG is totally rejuvenated , implementing immediately early bootstrapping mining of Keats Trench, the MAE tolling agreement , and clear strategic development plans with which shareholders can valuate their future 
material benefits.

AIMHO
GLTA
 

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