New Found Gold Corp V.NFG

Alternate Symbol(s): NFGC

Metals & Mining Gold

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

New Found Gold Corp > My call for $6.75 still stands for NFG....why buy now!!

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Comment by AlwaysLong683on Nov 09, 2021 11:53pm

163 Views

Post# 34108138

RE:My call for $6.75 still stands for NFG....why buy now!!

Marathonrunner2 wrote: buy NFG tomorrow or Thursday :)
But watch how it falls to $6.75...if it falls with volume then wait even longer :)

I don't know about that, but since the NFG press release after market close on November 4, NFG has fallen with much larger than normal share and trade volume.....

According to TMX Money:

50-day average volume: 234,161

Number of trades per day:
Over the course of the past month, the number of trades per day was typically in the 400 to 700 range, hitting just over 1,000 on four occastions.

November 5:

Down 13.83%

Volume: 1,271,103

Number of trades: 5,032

November 8:

Down 8.71%

Vollume: 582,448

Number of trades: 2,141

November 9:

Down 1.77%

Volume: 606,870

Number of Trades: figure does not appear to have been posted yet.

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