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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 May 26, 2023 10:18am
122 Views
Post# 35465612

What happened

What happened What happened osmond had to many accounts imagine being so lonely you have to talk and answer yourself lol
now to the facts
NFG price is fluctuating with the price of gold rightfully or wrongfully it is so when gold goes down like it has the last couple days below it's 100 day moving average then most gold stock go down and NFG happens to be in that camp now 
So on these down days which are mostly low volume days you can get the stock on sale 5.50 to 6.00 is the range lately it appears with it mostly trading at 5.68 to 5.95 on these days 
These days I view as buying opportunities we traded a few. Weeks ago as high as 7.60 which is major resistance that we retreated from twice if one was a trader 5.50ish would be a buy and 7.40 to 7.60 a sell these are just my thoughts if you want to trade it which I have done from time to time here but I still hold my ever growing long term position 
my point being traders and investors react different and speculators are different than both the trader and investor 
you need to know what kind of investor you are with each one. Of your positions and that will determine how you react to all the news and noise 
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