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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 > Incredible
View:
Post by AUSTIN48 on Aug 12, 2021 10:46am

Incredible

What is apparent to me now is an ever expanding gold system.
So many results to be released followed by listing on the NYSE.
Should be an exciting fall.
No wonder EC bought more recently.
Comment by likeike on Aug 12, 2021 11:13am
Who is EC? One of your freinds or something? IKE
Comment by JRafflesUK on Aug 12, 2021 11:58am
So many results to be released followed by listing on the NYSE. Initially, the listing was due "early in Q3", but the drift leaves the US listing date uncertain?
Comment by BlueChipper2020 on Aug 12, 2021 12:14pm
First of all, the listing is NYSE/AMEX tier.  Secondly, what in the world is "drift". Is this a new language?  Thirdly, no one can predict a set date on obtaining a listing and the day when trading commences. It is always a rough timeline estimate. You need approvals by many third party agencies and need to finalize a complex process. This is 100% normal having gone through ...more  
Comment by likeike on Aug 12, 2021 12:44pm
BC said Thirdly, no one can predict a set date on obtaining a listing and the day when trading commences. It is always a rough timeline estimate. You need approvals by many third party agencies and need to finalize a complex process. This is 100% normal having gone through this on a former client many years ago. So your questiton mark makes no sense.  I have been pondering of late this ...more  
Comment by DanWarren on Aug 13, 2021 6:44pm
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Comment by megacopper on Aug 13, 2021 9:30pm
  Yes this is so true with Gold juniors. Always raise cash in the good times. I'm sure these NFG guys are looking at all available options. I wouldn't object to them raising cash at current levels. I know 60 or 70 million dollars seems like a lot but with 9 or 10 drills turning you can burn through it quickly. More cash they raise the better. Get even more drills turning. I want ...more  
Comment by diabase1 on Aug 14, 2021 9:49am
Megacopper, I think the Appleton Fault structure is displaced to the east, at the south end near the Eastern Pond area, and then continues south from the Keckenkeck Lake area thru the Canstar Resources property. 
Comment by megacopper on Aug 14, 2021 10:16am
  Yes I agree it certainly seems like it. The structure somehow got displaced or offset exactly like you described. There should be gold deposits right along the entire fault system that runs right through the island. 
Comment by BlueChipper2020 on Aug 14, 2021 1:29pm
Hope, my jumping in here is okay and I do not have the context wrong, But what you say makes sense, since Eric Sprott jumped in strong on Canstar (not just his typical small PP) and also note that Sokoman Minerals JV is the Kapenkeck land package on strike with Canstar.  In any event, we are near the end of the beginning on this story which will completely unflold over a decade or two ...more  
Comment by diabase1 on Aug 14, 2021 2:24pm
BC, that's my interpretation. I looked at the Magnetic Map of Newfoundland and could 'see' a narrow NS belt of magnetic low that trends from the town of Appleton down south to the Canstar property. There is a jog in the magnetics in the Eastern Pond area, indicating a possible east west displacement. I also looked at the topography map and could 'see' a topo low in much the ...more  
Comment by braindeadoldguy on Aug 14, 2021 4:51pm
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Comment by BlueChipper2020 on Aug 14, 2021 5:33pm
Eric Sprott has for 100% many geologists working for him but more importantly he has direct access to other experts. For example Goldspot has 40 PHDs that work for it doing AI. ES also stated NEWFOUNDLAND is where he is focused on entirely at the moment. So ES moves are carefully planned. That is 100% certain. BC
Comment by cyberman on Aug 14, 2021 9:00pm
agreed, i looked at a lot of Newfoundland gold mining companies today with smaller market caps, as i was looking for something to compliment NFG, ES is invested in many (it only makes sense for him no doubt), but honestly after watching many videos i don't believe i've ever encountered the optimism such as hearing these folks speak the facts. the only thing i don't like is ...more  
Comment by Global1966 on Aug 15, 2021 3:47am
I think Sprott has invested in every company in Newfoundland. He is going to make sure he doesn't miss out
Comment by DanWarren on Aug 13, 2021 7:15pm
This post has been removed in accordance with Community Policy
Comment by JRafflesUK on Aug 14, 2021 6:30pm
I'm not a gold mining/exploration company expert, as a number of the posters on this board are, probably all of whom are from Canada.   It is certainly very useful that a number of posters are locals, who are in a position to give on site reports of material changes in drill activity.   Whilst I live less than 2 miles from the Cabot Tower – this is not in St John’s Newfoundland – but ...more  
Comment by atchouk on Aug 15, 2021 7:09pm
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