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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

Post by cybercanuckon Dec 15, 2024 6:51am
238 Views
Post# 36362877

Rick Rule vs Eric Sprott

Rick Rule vs Eric Sprott

Rick Rule vs Eric Sprott

and no, I am not affiliated with Bucco

I am rather stunned as to how accurate Rick Rule's negative opinion was on NFG.  There has been a catastrophic collapse in share price.  I don't know where he stands at the current price of $2.30 

 

This management team has made a sequence of serious errors with respect to enhancing shareholder value.   One after the other. 

 

My question is ...  Why is there not better advise provided to the management team? Something needs to change here.  

 

Eric Sprott may be the best avenue to get things back on track but is he up for it?  I know Eric is an old fart, but perhaps he could still provide better guidance to enhance shareholder value.  Does anyone know if Eric has is an issue with cognitive decline or dementia? 

 

We need a shake up here!   

jmho

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