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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 > Market cap heading to sub 100million
View:
Post by rockmstockm on Nov 28, 2024 11:05am

Market cap heading to sub 100million

With 5 years of the time and investor money thrown into drill this project the company has manged to prove zero inferred or indicated resources. Management appear to be professionals at milking investors dry. The market cap should be 59million comprised of 39million cash on balance sheet+ property value of maybe 20million.
Comment by bows333 on Nov 28, 2024 11:54am
You wish
Comment by voiseybayexpert on Nov 28, 2024 12:34pm
Still calling for an meeeeeeee buck
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