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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...
) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company also owns a 100% interest in the Kingsway property, which consists of 264 claims on three licenses covering approximately 77 square kilometers. The project is located approximately 18km northwest of the town of Gander, Newfoundland. The Company is undertaking a 650,000-meter drill program on Queensway. It has royalty interests underlying Keats South and several additional zones in Queensway.
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TSXV:NFG - Post Discussion
New Found Gold Corp
> Gold action
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Retiredgeo
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Post by
Retiredgeo
on Mar 01, 2024 8:01am
Gold action
Gold has broken $2050 again. It has successfully bounced off $2000.
(177)
•••
BladeMaster
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Comment by
BladeMaster
on Mar 01, 2024 9:23am
Yes, 4th straight month where we've ended in the +$2k range... However, inflation adjusted, we have some work to do in order to break the 2011 highs... Gold would need to run towards +$2500 / oz to challenge the "All-Time" inflation adjusted high ~ I expect gold miners to finally participate on the next run (imminently IMO) towards $2300 The truth is that profitablilty
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Retiredgeo
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Comment by
Retiredgeo
on Mar 01, 2024 10:58am
$2070 is gone
(104)
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BUYSilverGold
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Comment by
BUYSilverGold
on Mar 01, 2024 10:59am
U.S. Ten Year is tanking thats BIG time Gold positive!!!
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