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 > Opportunity

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Post by Margin321 on Jan 03, 2025 9:34am

Opportunity

Given the extremely high grade near surface and the volume estimates for Keats trench alone as discussed in recent posts (more data on Iceberg trench early in 2025 can only improve the story), it does seem that buying at this price is an assymetric opportunity. I would not excactly say "like shooting fish in a barrel" like one poster did. But I would say that NFGC seems to be one of those "when" and not "if" scenarios.

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