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 > Tax loss selling season

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Post by Retiredgeoon Nov 19, 2024 4:11pm

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Post# 36320460

Tax loss selling season

Let's face it - NFG got creamed this year. It started the year at $4.69 CAD and is now at $2.48 CAD. There will be those who will want out for tax reasons. From today's stock action it may have already begun.

NFG has got billions of dollars of gold in the ground but the silly, stupid market just doesn't care about metal in the ground any more! Eric Sprott's Free Gold Ventures (FVL) is another one that is suffering greatly.

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