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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 1condoron Oct 22, 2024 11:48am
74 Views
Post# 36276809

RE:Nowhere bound.

RE:Nowhere bound.Thirdperson...simply said..but true. I have been on here for over a year trying to wake these folks up on the difference between a speculative play versus holding a producer (especially when it comes to gold bull markets). Unfortunately very few if any have listened. They are al now learning a valuable and painfull lesson as the producers are up huge (many well over 100 percent) over the past year while NFG has lost nearly half its value. 
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