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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 > POG at $2718 and…
View:
Post by nozzpack on Jan 15, 2025 2:27pm

POG at $2718 and…

....8 rigs drilling
Comment by suregold2 on Jan 15, 2025 2:59pm
That is $3,900 Canadian! WE are probably talking about a mine producing $3,000 CDN in net operating cash flow per ounce at a minimum here. There has been almost no results flow for months now! A financing is due in a matter of weeks. Something has to change here soon! Or, it is going to be a frustrating year. As Snowline demonstrated, a PEA falls on deaf ears in this horrid junior bear market ...more  
Comment by Evenkeel123 on Jan 15, 2025 3:36pm
The timetable for return on capital investment will be the big stickler here.  It can't be calcuated with any certainty.  A trial mine or bulk sample or some method of processing is required to proove it up. EK
New Found Gold Corp