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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 23, 2024 4:05am
89 Views
Post# 36277944

RE:Looks like I started something. I stand by my words.

RE:Looks like I started something. I stand by my words.Exactly .
Our management team have retracted the drawbridges and lowered an iron curtain between them, comfortably endconced in Fortress NFG, and the petty distractions  of their shareholdes .

Retired is once again on point...gold in the ground has no value until it is mined and sold.

Thats why our share price has declined by 50 % while the POG has increased by 50%.

Mining of course would distract from managements lifestyle entitements and their Float, Bloat and Hope strategic plan .

Until things change, expect Managements acceptance that shorts controlling the share price is no concern of theirs.
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