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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 Lemmy1on Nov 14, 2024 10:23am
93 Views
Post# 36312628

RE:It's been a huge mistake to NOT combat the Shorts

RE:It's been a huge mistake to NOT combat the ShortsWell said Dan. This is a world class discovery and is only a matter of time that the shareholders will be rewarded. They have gold and they know it. They would not invest in a resource estimate otherwise. I knew this was a long term investment, takes time to do things correctly. 2025 will be a big year for this stock. After a resource estimate of Keats zone, the next announcement will be of production of the trench. NFG will then have developed a moat around the company fully funding exploration while adding dollars to build their own mill/plant. That would be good, however, I think big gold will try and swallow a portion once the resource estimate is announced. If the price is right, that's ok too. 
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