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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 Evenkeel123on Jul 15, 2023 9:18am
137 Views
Post# 35542459

Materialsman,

Materialsman,

Wow, a breath of fresh air, lol.  I am waiting to get lambasted again for not towing the rah rah line.
You know, I used to be a very staunch long, supportive of everything, but I like to dig and try to figure out the real story.  They you have the bear crowd like Bucc, and he is not really evil.  He likes to actually tell the truth in his own way.  He also has experience in the mining business.  I think people actually fear him because he is pretty straight up actually.


You have the perma bulls like GGG, Retgeo, etc. who can't, or don't want to see what could happen.
They think these guys running the company are very smart and nothing will happen on their watch.
The upper echelon are wealthy people, and the rest are doing well also, playing the company market game and pocketing plenty.

I think the next financing will tell us a lot both from price, volume, excecution, and timeline, and that one may be one of the last big ones they can raise, but I think it will be costly due to rising rates and the tightening of money, especially for explorers.  Perhaps the real dilution will come in the form or a stock price adjustment to the down side.  We shall see.

Well, it's chores time around here.  Later folks.  Love you all.

EK

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