RE:Just an observation, if you willEvenkeel123 wrote: Go to google and look for the top gold EXPLORATION companies. The only ones listed are producers, and there is a list of junior mining companies as well.
No where is New Found Gold listed, as far as I can search, in any kind of list as an exploration company.
New Found Gold needs to get someone in social media to put NFG as the top of the list when people look for gold exporation companies to invest it. This points to proper marketing methods. In this day and age, they should be right on top of it. Gold shows and news releases are not enough. The readership is fairly narrow. They need to step up their game on the explosure side so the general public hears about loud and clear.
Also, you can complain about the price all you want, but the maiden voyage to over $ 13.00 was simply an anomoly, big money was made by a few who knew what was going on, and lots of stock buyers jumped on the bandwagon as if there was no top in site.
Perhaps right now the price is correct. The market cap is about $ 936 million. Do you think that this figure is right, or too high or too low? Think it through. Where should the price really be.
Finally, a few days ago when gold was about 1,870 I said I look to see it challenge 1,900.00
We are there. Now I am looking for a news release, maybe Tuesday?
Then, before the end of the month, the stock should crack $ 6.00 plus, just my own call.
We shall see. EK
13.50$ may have been an anomoly but fair value is much higher than 5.32 we are trading at now. My guess is 8-10$ is where it should be trading at and once this overhang of charity shares are done it should move much higher. A buyout here will be above the 13.50$ high so lots of blue skies left. No other junior is hitting these grades or even coming close to what Nfg has been hitting. Company needs to promote this more or do something different at this point. No reason why they cant release assays every week with the backlog they have and the amount of drills turning