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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

Post by Dixiedeeon Apr 25, 2023 10:31am
152 Views
Post# 35412290

Oversold in low volume

Oversold in low volume Anything under 6 between 5.90 and 5.99 is very oversold with extremely low volume 
great entry point or great level to add to positions 
selling on the news in NFG isn't a good idea in my opinion cause they just have to much more news coming and once the 3D siemic survey is complete and then they have even better odds of drilling exactly where the gold is watch out ( they have been pretty successful so far without it game changer with it ) open pit gold mining looks more and more likely with each drill result 

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