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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 > Looks like we are getting closer to possibly using the mill
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Post by Dixiedee on Nov 03, 2024 5:12pm

Looks like we are getting closer to possibly using the mill

Looks like we are getting closer to possibly using the mill  they have an opinion on it lent the mill 2 mil to keep them afloat we have tested to see if the systems they have at the mill work for us they now know they do could they be getting ready to send the ore from the trenches to the mill and use this money to do an MRE on a portion of the property it's pretty high grade stuff and it is at surface maybe they will set something up on-site to eliminate sending so much rock by truck Iam sure they are looking at all possibilities or will a major do a buy in and finance an MRE exciting times ahead and we are extremely cheap at the current price
Comment by suregold on Nov 03, 2024 5:35pm
There is nothing on file with the Provincial Environment Assessment. At a very minimum I would assume at least a quarry permit. So a while yet. 
Comment by Dixiedee on Nov 03, 2024 8:54pm
Newfoundland government will fast track any permits if NFG decides to go that way  NFG is now the biggest land owner in Newfoundland  Newfoundland goverment has said they want 5 new mines in this decade only way to do that is fast track permits  I'am not saying they will start mining but that they are doing things that give them that option if they decide tp
Comment by Ragnartrading on Nov 03, 2024 9:00pm
Yep. Things are moving ahead much faster than it seems.
Comment by nozzpack on Nov 04, 2024 1:41am
Waste rock quarry should not take much time. there will not be any ore processing on site. Maritime is fully permitted for all mining operations including tailings . Even waste rock can be stored on site at Point Rousse , as Shoreline Aggregates uses waste rock for its Internatiinal aggregate markets , up to 1 million tons per year. Maritime has installed a gravity circuit at Shorelines ...more  
Comment by shiftyone on Nov 03, 2024 11:06pm
just curious... are you sure that NFG is the biggest land owner in NFLD?  I thought that almost 90% of NFLD is crown land?  did you mean that they have the most mineral rights?
Comment by Dixiedee on Nov 04, 2024 7:55am
Private land owner
Comment by Evenkeel123 on Nov 04, 2024 8:19am
They don't own anything.  It's leased from the crown. EK
Comment by hashboy18 on Nov 04, 2024 8:37am
word is sprott is out.wow I dont beleive it.
Comment by Dixiedee on Nov 04, 2024 9:04am
They own tenure holder rights to the land not leases this gives them the right to obtain exploration permits and mining permits etc on this land package my point in all this was they are a very large player in newfound land and the goverment of newfound land is very supportive of them didn't mean to split hairs just wanted to again make the point the goverment of Newfoundland is very ...more  
Comment by Evenkeel123 on Nov 04, 2024 9:22am
Stop maing exuses for your blunder.  They don't own anything, period.  Casino opens soon. EK
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