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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 > I asked CK why not just buy the mill outright? His answer
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Post by Evenkeel123 on Nov 09, 2023 9:09pm

I asked CK why not just buy the mill outright? His answer

While it is potentially possible to buy the mill or the Company outright, moving it would not accomplish our goals. Much of the benefit of utilizing Pine Cove would be the brown field site it is located on which is fully permitted and includes tailings capacity. Using an existing site may result in a far shorter timeline to permitting, and certainly a faster start up time if a permit is received. Rest assured, we have a dedicated team working on this and I am certain we will arrive at the most beneficial path forward. 

EK
Comment by eldreco on Nov 09, 2023 9:28pm
One of the more sensible things that you have postedin some time.  Thanks.
Comment by Dixiedee on Nov 09, 2023 10:00pm
Didn't retiredgeo say something similar to that earlier 
Comment by Retiredgeo on Nov 10, 2023 7:04am
In time they probably will.  They will dismantle it and rebuild it in Gander but all of this is years down the road.
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