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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 shiftyoneon Jan 22, 2025 12:28am
184 Views
Post# 36414550

It doesn't matter what I say, or anyone else here says

It doesn't matter what I say, or anyone else here saysThere is well over a billion dollars invested in this company.  Most are way down, and so the market cap is about 500 million.

But that is the equivalent of a thousand investors who have a million dollars into it.  They must have a little idea to invest that much.

Anyone here who has $10 000 invested, $100 thousand.  Or are shorting 50 000 shares.  We all have an opinion. None of that makes one penny of difference in the shareprice.

Of that over a billion invested, the market now says it's worth about $2.52.  Will it go up or down.  Of course.  No one knows which way.

Place your bets.

(I really hope it goes to $10... that would help my account.  But it's a bet.  Like at the casino)

GLTA
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