New Found Gold Corp V.NFG

Press releases

[Dixiedee]

Press releases should be steady for the next few months from the backlogged cores sitting at the lab plus the continued drilling of 12 to 14 Riggs daily .With such continued excellent results it's hard to imagine that it will most likely even get more consistent when the 3 D siemic survey comes into play 
This management team is doing a remarkable job expanding the footprint of the know gold mineralization.we have at least 7 know zones and counting .gold recovered some lost ground today 
newfound gold still extremely cheap at these prices I expect we will hit a new 52 week high between now and September it has hit 7.60:twice now the next time iam looking for it to take out this old 52 week high just my thoughts do your own DD lots of good info to look at that core shack with all those high grade core samples in itself is becoming quite valuable

[Retiredgeo]

They have another financing coming up.  From past behavior Colin and Denis don't like the balance falling much below 50 million.  This time I'm expecting a senior miner to pony up.  We shall see.

[Dixiedee]

I think it won't be until they test out some of the 3D siemic survey findings for drilling possible drilling some existing holes to depth if siemic survey points to gold being  at depth they have enough money to  drill for another 9 to 12 months .This could put them in a very good position to negotiate a good share price and a good earn in on money spent like I said before we have an

[MakeaDeal]

This post has been removed in accordance with Community Policy

[Global1966]

I think they will need to raise $50 million minimum in the next few months for the next 12 months. Issuing 3 more PR's on Iceberg should make it easier. ES knows he is buying an undervalued asset.

[Dixiedee]

I argree a financing is coming just don't think it will happen until a few holes are drilled guided by the 3D siemic survey which could be in fall of 2023 or earlier if they push it 

[snooker1797]

how is their ATM share sale going? that has the potential to raise 100 mm, more than enough to drill the deep holes. as i understand it - it is an ongoing process with three different brokers.

[Retiredgeo]

They only update it every 3 months.  During their last filing they had sold less than a million shares. Competing against us is not a good way to raise money!!!

[Gangsterme]

Would not rule out them doing another charity flow through share issue.