Bullboard - Stock Discussion Forum 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... see more

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TSXV:NFG - Post Discussion

New Found Gold Corp > Inflation is ravaging the miners and explorers

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Post by Evenkeel123 on Aug 17, 2023 8:51am

Inflation is ravaging the miners and explorers

We can only by examples that currently exist to get an idea of what the future may bring.

MOZ - TD : As of June 30, the project's cost to completion stands at ~$391mm (+$40.5mm increase from the original December 2022 Feasibility Study cost-to-complete estimate of $463mm).

This what is going on everywhere. It is too bad.

EK

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