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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company 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 a approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander... see more

TSXV:NFG - Post Discussion

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Post by wajac on Jan 21, 2023 8:56pm

Crescat

Come on guys.

Crescat doesn't care if Nfg or any other companies they pump become mines. 

Pump, sell and make money. 

If you want to make money do what Crescat does.
Comment by Retiredgeo on Jan 22, 2023 7:54am
There is more money in making and operating mines than flipping mining stocks.  If that weren't the case there would be no mines.  Crescat aren't miners or mine investors but they will carry their grass roots investments through buy out.  So will I.  This isn't flipping, this is investing.
Comment by wajac on Jan 22, 2023 9:29am
Sorry, but you don't invest in mining exploration stocks. You speculate. Investing will generally cost you your shirt and maybe your pants too. Crescat identifies stocks with potential. That is the reason I like and follow them. An example is esk. Those who bought early and got out when it peaked at $3.43 made a bundle. Those who held lost a bundle and are now averaging down  in the hope ...more  
Comment by Retiredgeo on Jan 22, 2023 11:19am
There are speculators and then there are investors.  I'm not going to comment on which is better.  To each their own.  I will say that those who held on to Kirkland Lake did better than those who flipped it on the way up.  NFG and SGD will be two more such case examples in time. Yes, an exploration stock investor has to be very very selective.  There is lots of ...more  
Comment by DanWarren on Jan 22, 2023 11:56am
Yes, RetGeo. Crescat is so unique  as an investment manager.. One fellow, presumably with lnowledge of the gold stock universe, told Crescat that they are the only company he has heard of implementing investing in junior gold stocks as a big segment of their strategy.  And Tavi Costa seems very smart....Id like to ask him what he thinks of the outlook for Brazil is on the investment ...more  
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