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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... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > Newmont plans to invest in itself
View:
Post by Evenkeel123 on Dec 23, 2024 5:01pm

Newmont plans to invest in itself

It plans to buy back shares and concentrate on it;s top 10 producers.  The sales comprising about 4 billion dollars are only about 10% of their assets.

"Those proceeds will help fund the company’s plan to buy back $3 billion worth of its shares through October 2026."

Insinuations that Newmont is interested at all in NFG is unfounded.

EK
Comment by voiseybayexpert on Dec 23, 2024 5:15pm
How would you know such a thing, how mahy shares of NFG do you own.
Comment by Evenkeel123 on Dec 23, 2024 5:20pm
https://www.tsinetwork.ca/daily-advice/mining-stocks/newmont-delivers-2-1-million-gold-equivalent-ounces/ EK
New Found Gold Corp
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