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Bullboard - Stock Discussion Forum 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... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > MY previous comment on share value
View:
Post by rgvgolf on Apr 23, 2021 12:50pm

MY previous comment on share value

Please ignore my share value of 62.50. I should have said$100. per ounce in ground and 200 mil shares with 50 mil ounce resource. Could be valued at $25. per sh.However I dont think they will sell.
Comment by megacopper on Apr 23, 2021 1:14pm
  Far too early in the discovery phase to even give an educated guess as to where NFG will end up. Too many unknowns. I'm confident it will be north of $10 based on drill results so far. These guys are onto a very valuable high grade gold deposit and they could end up with several deposits which means there could be more than one producing mine eventually so that would be a game ...more  
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