Starting us off this week on the Daily Dive is Collin Kettell, the founder and executive chairman of New Found Gold Corp (TSXV: NFG). Collin joins us to talk about the gold price (0:43), the possibility of US$3,000 gold (2:19), and industry interest rates (3:36). He also shares the latest company updates (4:40) and his outlook for gold in 2022 (10:02).
New Found Gold is currently advancing its 100%-owned Queensway gold project in Gander, Newfoundland. The firm is owned 32% by Palisades Gold, in which Collin is also the founder and executive chairman. With his recently augmented investment in the company, Eric Sprott effectively owns 23% equity, while the rest is shared by Novo Resources, management, and investors.
The author has no securities or affiliations related to any organization mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.