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

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Comment by TheGreekGoldGuyon Feb 12, 2025 1:55pm

171 Views

Post# 36450129

RE:What Were Internal Estimates of MRE and PEA in 2023 ?

Nozzpack, what is smacking the GGG in the face is the rapid increses in the price of gold bullion. After considering the fact that NFG will most liley have one of the lowest gold production costs in the industry, it's mind boogling to think about how much value the company might have should they actually have a 10 million oz or higher resoiurce. The major miners are not stupid, they know what NFG has in store for them.

GGG here, the Greek is accumulating. Today's ridiculously low price will not last much longer.

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