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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 Dixiedeeon Oct 30, 2024 8:42am
88 Views
Post# 36288338

RE:An Appalling and consequential indecisiveness by Management

RE:An Appalling and consequential indecisiveness by Management I have seen gold in the ground prices from 95.00 US$ to 400 US$ in the ground on actuall purchases 
didn't speed much time on your chart there is a gap between producers and developers on share price per ounce but also the dollars invested in building a producing mine and cash flow is the really equity differance it's really apple and oranges comparison at this point lots of variables happening that are pushing gold up and will push everything gold up to .if I had to guess we would be worth 8% of the gold price per ounce in the ground when it all comes together in a buy out what that is per share to be determined at a latter date and gold price 
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