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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 BladeMasteron Jan 14, 2025 10:53am
101 Views
Post# 36403187

RE:RE:RE:RE:Eric Sprott who owns 36,601,200 shares of NFG

RE:RE:RE:RE:Eric Sprott who owns 36,601,200 shares of NFG I agree, while Huet is an excellent choice for Chairman, as someone who has had great operational success, make no mistake who is at the helm ~ ES is the defacto Chairman / CEO

CK may have a similar ownership in NFG, but in terms of hard dollars, ES is the big boy on this ship, and if I know ES well, he will be orchestrating the executive team the way he has at SAM and more recently KL

IMO we are positioning NFG for a sale to a MID or Large ~ the MRE / PEA on deck is only phase 1 in the program to identify the size and grade of the deposit along the entire +110 KM fault and that will take YEARS and I dare say 10's if not 100's of Millions 

Ultiamately, ES believes NFG will be a 5x, 10x perhaps 20x
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