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 > price per oz.

<< Previous

Bullboard Posts

Next >>

Post by RockyFelleron Dec 03, 2024 10:19am

100 Views

Post# 36342743

price per oz.

at 600 mil market cap fully diluted, if thare are say 7 mil ozs. the market is giving each in ground oz. a price of $85 CDN. The AISCs to mine this will be fantastic, so what will the market value the inground ozs. for a takeout by a major? Any thoughts? Personally, I think 7 mil ozs. is too conservative.

<< Previous

Bullboard Posts

Next >>

NTG Clarity Networks' growth story continues with $22M contract