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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New Found Gold Corp

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Comment by bows333on Feb 12, 2025 6:07pm

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Post# 36450652

RE:RE:RE:RE:Is Trump about to Monetize US Gold?

Not exactly.
And this is generally misunderstood.
Per the US Comptroller, that $200 trillion is the CURRENT portion of the promised future liabilities. The US government needs that $200 trillion TODAY, in addition to setting aside some extra every day going forward, to be ready for those liabilities when they actually need to be paid.
Ain't gonna happen.

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