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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 ernesto47on Nov 07, 2024 10:10am
130 Views
Post# 36300912

crazy trading with gold at USD 2700

crazy trading with gold at USD 2700Still remember stating here begin of this year that all those talks of
spending further amounts for deep drilling are not the good way to
help the company and its share prize. Better going with an open pit
on Queensway with a production of up to 200K ounces and than
in a later stage using part of the huge net income to go for further drillings. The level of the stock was calmly trading at five CAD and
now we are squeezed stupidly even bellow three bucks and everyone is whining....better now to take out the biggest landholder, now hoovering at 6 cents, looks like a present to me and almost is still untouched over many km2's! why pay for 1000m holes when new 200m ones can get done much cheaper...........go for the sleeper Exploits start also the production!

  
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