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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

Comment by Dixiedeeon Jan 07, 2025 3:03pm
124 Views
Post# 36392907

RE:RE:RE:You got it right!

RE:RE:RE:You got it right!It's all about being patience.The drill results to date have been very high grade and in multiple zones 
from surface down to 350 meters and there have been a lot of them now they have drilled several holes at depth and have gotten the same high grade results .The gold does not fall from the sky it comes from below .we have gold above 350 meters and below 350 meters in multiple zones over a large parcel of land .The company is currently doing an MRE and a PEA this will tell us how much gold we have and how to get it economical out of the ground when this information is released if we have the gold like the geology and the drill bit to date suggests we do the stock could be multiples of what we are now .This all takes time and by the end of the 2nd Q or a bit earlier we will know what we have 
If you believe they have the geology right and the drill bit is correct to date then buy the dips if you don't sell .I for one am buying the dips 
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