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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

New Found Gold Corp > Crescat Precious Metals Hedge fund
View:
Post by Retiredgeo on Jan 30, 2023 12:38pm

Crescat Precious Metals Hedge fund

As of November 30, 2022 it was up 130% in 2.3 years.  How can that be if every stock they have ever bought has gone down??  In 2022 Snowline, I-80 and Western Alaska Minerals all did very well for them and anybody who listened to them.  

2022 was a bad year for NFG and most of the mining industry.  NFG's share price will improve with the improving fortunes of the entire sector.

There are far too many kids on these forums whom have never seen a recession and whom are looking for someone to blame.  The ignore function is a wonderful thing!
Comment by Evenkeel123 on Jan 30, 2023 12:42pm
This post has been removed in accordance with Community Policy
Comment by Retiredgeo on Jan 30, 2023 12:47pm
You are entitled to your conspiracy theories.  
Comment by Evenkeel123 on Jan 30, 2023 12:49pm
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Comment by Retiredgeo on Jan 30, 2023 12:54pm
If you have ever paid attention to their long/short hedge fund (and you probably haven't) they have been shorting the heck out of the FANG stocks, currencies, bonds, treasuries, indexes etc.  I have never heard of them shorting a single miner or a single explorer in their precious metals hedge fund. Your theory that they are pump and dump artists comes straight from Bucc.
Comment by Evenkeel123 on Jan 30, 2023 12:59pm
This post has been removed in accordance with Community Policy