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Bullboard - Stock Discussion Forum Nevada King Gold Corp NKGFF


Primary Symbol: V.NKG

Nevada King Gold Corp. is a Canada-based mineral exploration company, which is engaged in the acquisition, exploration and evaluation of resource properties in Nevada, United States of America. The Company operates through the mineral exploration and evaluation segment. District-scale projects in its portfolio include the 100% owned Atlanta Mine, located 100 kilometers (km) southeast of Ely... see more

TSXV:NKG - Post Discussion

Nevada King Gold Corp > Unintended consequences of $2400 gold
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Post by stockwatcher7 on May 01, 2024 5:41pm

Unintended consequences of $2400 gold

Is that investors  who saw producers as  making  profits  are  now  able to make supper huge  profits  and  that  has  spawned investors to rotate  from  the explorers  to the  small, medium  and mid tier producers. This  has created a void in  buyesr for the  explorers and  while gold  has increased 25%   the  jr explorers  have  fallen 25%.... Hopefully  this  is  temporary and some of the investor profits  from  producers come  back to the  Jr  market....JMHO
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