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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

Metals & Mining Gold
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

New Found Gold Corp > Gold Explorers Must Face the hard facts
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Comment by Dixiedeeon Nov 12, 2024 10:30am
61 Views
Post# 36308208

RE:RE:RE:RE:RE:Gold Explorers Must Face the hard facts

RE:RE:RE:RE:RE:Gold Explorers Must Face the hard factsTo be clear I have not bought any TXG and cannot determine a buy price without knowing the full extent of their derivative book and if it is based on a % of production to secure past financing obligations if this is a growing derivative book the stock will only be punished as the bull market progresses I hope you will stop confusing producers with exploration companies two differant animals in the gold space and need to be analyzed diffeantly 
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