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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 > Agnico Eagle Reserves
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Comment by suregold2on Dec 08, 2024 9:41am
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Post# 36351521

RE:Agnico Eagle Reserves

RE:Agnico Eagle Reserves
I know nothing about geology nor mine engineering, but us accountants understand 100% the term "CONTRIBUTION MARGIN"! That is what excites ES and the rest of his poor peers! Even at 10 grams per tonne QWN is 8 times World average resource grade! Basic math folks! They are making huge profits at 1.3 grams per tonne today so everything above that is pure CONTRIBUTION MARGIN!
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