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 > Press release

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Post by Retiredgeo on Nov 06, 2024 5:28pm

Press release

There was no mention of NFG mining anything. I interpret this as more derisking.

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Comment by Patient1nvestor on Nov 07, 2024 2:42am

I see that, but don't you need an MRE, PEA and Feasibility Study before you mine, or am I wrong?

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Comment by nozzpack on Nov 07, 2024 4:41am

They will have an MRE and a PEA. Test Mining is the best form of a FS Offsite processing of the gold ore.....at the fully permitted Maritime mill..simplifies the mining process..

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Comment by peschenlo on Nov 07, 2024 8:02am

I`m back into the race. part of my GBR profit invested. Hope ES remains in. Good luck to all of us. Time will tell.

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Comment by Dixiedee on Nov 07, 2024 9:00am

ES is in 100 % the rumour of him selling his shares was a lie by the shorts newfound gold confirmed that Eric Sprott has not sold his shares and still remains an insider

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