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Bullboard - Stock Discussion Forum
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.
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Bullboard (TSXV:NFG)
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(36)
•••
CaptainM
X
Post by
CaptainM
on Mar 25, 2025 4:05pm
Blood on the streets
Forced my hand to open a position here that I wanted to do for quite some time Of course comments from Retiredgeo are highly valuable and encouraging:)
(11)
•••
hankhenry44
X
Comment by
hankhenry44
on Mar 25, 2025 3:57pm
RE:RE:What does Quinton Hennigh think?
Wow. Quinton did good. I got crushed. Hard to believe that a super smart guy like Eric Sprott and his top shelf geological team got so sucked in on this. You would think NFG would have drill followed
...more
(12)
•••
Thirdperson
X
Post by
Thirdperson
on Mar 25, 2025 3:30pm
Wow, I feel for the ones who got duped.
This is just another example why I dont trust many stocks at all.. They are like mini govt's..... stealing your money. Buy physical Gold and Silver.... much safer, and getting a pretty
...more
(33)
•••
wajac
X
Comment by
wajac
on Mar 25, 2025 2:54pm
RE:RE:???
Major error on their part. There are very few operating gold mInes in NL Gold miners like to be in areas where there are other gold mines. NL is a new gold mining frontier. Hence the reason that no
...more
(33)
•••
wajac
X
Comment by
wajac
on Mar 25, 2025 2:42pm
RE:What does Quinton Hennigh think?
Quinton is a is a spectaculator first, a geologist second. That is why he sold his shares at 8.75. Smart person in my books!
(485)
•••
knoxt
X
Post by
knoxt
on Mar 25, 2025 1:41pm
Not A Home Run
Update: New Found Gold Down 31% as It Releases an Initial Mineral Resource Estimate Queensway Gold Project MT Newswires - Mar 25, 2025 12:54 PM ADT 11:54 AM EDT, 03/25/2025 (MT Newswires
...more
(641)
•••
shiftyone
X
Comment by
shiftyone
on Mar 25, 2025 1:04pm
RE:RE:RE:This seems like a much higher accessible grade than 2.4 gms.
But that means the rest has 400 000 ounces in 13.7 million tonnes. That is about 0.0292 oz per tonne for the bulk of the tonnage. or about 1 gram per tonne.
(1120)
•••
Retiredgeo
X
Comment by
Retiredgeo
on Mar 25, 2025 1:03pm
RE:This seems like a much higher accessible grade than 2.4 gms.
There is a lot of barren waste rock in their 45 degree pit shells. I would ramp the KMZ instead of trying to open pit it.
(1120)
•••
Retiredgeo
X
Comment by
Retiredgeo
on Mar 25, 2025 1:00pm
RE:???
Their focus for a very long time was on selling the property to a major. After no buyer emerged they reluctantly went to plan B - developing it themselves. I agree with you. They should
...more
(641)
•••
shiftyone
X
Comment by
shiftyone
on Mar 25, 2025 12:59pm
RE:RE:This seems like a much higher accessible grade than 2.4 gms.
"I get one million oz.in 4.3 million tons for a surface pit, equals .43 oz. per ton." ------- I get 0.236 ounces a ton. Still great grade
(635)
•••
Galaxym31
X
Comment by
Galaxym31
on Mar 25, 2025 12:48pm
RE:This seems like a much higher accessible grade than 2.4 gms.
I get one million oz.in 4.3 million tons for a surface pit, equals .43 oz. per ton.
(11)
•••
hankhenry44
X
Post by
hankhenry44
on Mar 25, 2025 12:43pm
What does Quinton Hennigh think?
On the Crescat podcasts on Youtube Quinton was always pounding the table on what a good project this was. He was patting himself on the back for suggesting the very expensive deep looking oil and gas
...more
(119)
•••
yogiseer
X
Post by
yogiseer
on Mar 25, 2025 12:39pm
why are people freaking out?
Its just a MRE for 5% or less of the land packages viable areas . also the deeper drill holes look like they will go 50 to 60 percent deeper with good ore there too in that 5%... I am no geologist
...more
(635)
•••
Galaxym31
X
Post by
Galaxym31
on Mar 25, 2025 12:32pm
This seems like a much higher accessible grade than 2.4 gms.
High-grade core: 73% of the ounces are contained in 24% of the tonnage in the indicated category within the Mineral Resource pit shells.
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