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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 > The way things are going
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Comment by MAKEITBACKon Jan 16, 2025 3:12pm
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Post# 36407737

RE:RE:The way things are going

RE:RE:The way things are goingImagine if that $45 million had been spent advancing Keats and Iceberg to Reserve quality gold resources......we would probably  be producing by now.

Imagine if $6 million of that had been used to buy the Pointe Rousse mill? What other CEO of any company would have turned down that opportunity? Signal gold sold it and look what happened to Signal. NFG turned it down and look what is happening to NFG. MAE bought it and their stock is doubling in price despite the fact they have 800,000,000 shares out. I'm no CEO, but even I would have snapped up that mill. It makes me wonder if these people are simply driven by incompetence or..........?
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