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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 goldanalyston Jan 12, 2024 10:20am
71 Views
Post# 35823480

RE:Gold price not being followed by share price.

RE:Gold price not being followed by share price.gold price risng because central banks (mostly in the east) are still buying

gold stocks aren't keeping pace because investors rely on cheap money to buy spec stocks. Hard to buy gold and other spec stocks when money is expensive. 

eventually FOMO will come back and some of that cash collecting 5% in bank accounts will make it's way back into gold stocks....

look at uranium stocks....FOMO is ripe
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