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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 > You got it right!
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Comment by nozzpackon Jan 07, 2025 1:35pm
110 Views
Post# 36392718

RE:You got it right!

RE:You got it right!It's not the performance of the drills, it's the performance of management.

Quite a few studies show that the valuation of a gold stock is 75% management skills and 25% what's been found in the ground.

This management team had no stractegic game plan to production and you see CK making the same mistakes with NKG and PALI.

Over that period, it hardly mattered to CK as he got compensated to the tune of nearly $30 million or so.


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