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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, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company is undertaking a 500,000-meter drill program at Queensway.


TSXV:NFG - Post by User

Comment by HepburnMcRaeon Dec 06, 2020 6:50pm
309 Views
Post# 32046930

RE:NEW FOUND GOLD OVERVALUE

RE:NEW FOUND GOLD OVERVALUEDart's primary assertion in this article is that NFG is overvalued when compared to other explorers. He asserts further that NFG is overvalued or comparably valued to some producers, all in the absence of a substantiated overall resource. I for one will be the first to comment on his article when NFG's SP hits $10.00.
The fact of the matter is simple. NFG can not and should not be compared to other explorers or even producers. NFG stands apart just by virtue of assays released to date. It stands apart in its exceptional management team, outstanding public relations (just look at the steady flow of news) and last but certainly not least it's geological savvy. Clearly NFG knows the lay of the land.
If you doubt it do your own DD. The numbers don't lie. 
It's worthy of note that Dart recommends booking profit at 3.60 USD. That's $4.60 Cad. He recommends "not to chase the stock" over 3.30 USD. That's $4.22 Cad. So I surmise from his article at its current SP of $3.91 Cad Dart is recommending a BUY NFG thru $4.22 CAD then HOLD thru $4.60 at which point he recommends booking profit.
That's great Dart is recommending we buy the dips thru 4.22. I'm adding more tomorrow!

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