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New Found Gold - the greatest gold discovery in America? And what's new with Novo?

Mike Spreadborough of Novo Gold returns and Collin Kettell, co-founder and Chairman of New Found Gold, visits for the first time. Mike Spreadborough will explain why people who have given up on Novo Gold may be sorry for doing so. Novo appears to have great prospects for uncovering a high-grade gold deposit next door to a 10+ million ounce gold deposit in Australia owned by De Gray, an Australian public company. 

 

Geologist Dr. Quinton Hennigh who was instrumental in discovering high-grade gold at the Fosterville gold mine in Australia was the one person most responsible for making Kirkland Lake Gold into a household name. Quinton told your host a few years ago that the Queensway project in Newfoundland, Canada would soon be placed in a public company named New Found Gold and that Queensway would host not one but several “Fostervilles!” Low and behold, Dr. Hennigh’s educated prediction now appears to be coming true. There does indeed seem to be multiple “Fostervilles” in the making at Queensway. Your host has covered many great exploration discoveries over the years, including Snowline Gold’s evolving multi-million oz. Rogue gold project. But nothing I have seen since I started writing about gold exploration stocks in 1981 quite compares in grade and scale with New Found Gold’s Queensway. Collin will talk of what has emerged so far at Queensway as well as what he and other major shareholders of New Found Gold are planning. But that’s not all. Collin will tell you about a way you can indirectly buy shares of New Found Gold at a 50% discount.

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