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Bullboard - Stock Discussion Forum 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... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > Two scenarios as I see it
View:
Post by farmboy75 on Aug 12, 2021 12:29am

Two scenarios as I see it

After the flood of assay results earlier this year, I am having a hard time to believe there are no assays to report in almost a month now. Wether the results be poor, only fair or great like the earlier results we were recieving almost weekly, we should have got some reports back by now. I know all the labs are overloaded and backed up, but did all the lab guys take their holidays at the same time? And as it was pointed out by previous posts that a company upon recieving assay results must report them to the public to fairly share information to all investors. But if the core is held back for whatever reason from the assay labs ,that information remains in house. I am not a geoligist by any means but I have seen and handled lots of gold underground, and could easily tell great core from not so great core.And before any of you ask, no, none stuck to my fingers. So are assay results slow to come because no core was good enough to send to the " backed up labs" ,or is some pretty core held back to coincide with US listing. And I have witnessed slow assay reporting when LSG was being sold secretly from shareholders while sitting on great drill results from the new 144 zone. Those assay results magicaly popped up a few days after the takeover. Now dont get me wrong I have great faith in this project and am glad to be aboard. And I have been wrong before, just ask any of my three ex wives. GLTAL
Comment by Kewl002 on Aug 12, 2021 2:16am
Farmboy -- I would just like to add that while the regulations state that the results must be reported publicly there is no timeline requirement as long as there is no insider trading on information not generally avaiable to the marketplace.   So if NFG has received back assay results but wishes to hold them for some future event (ie: US listing) there is no restriction on them doing so ...more  
Comment by Global1966 on Aug 12, 2021 3:55am
Whether you bought at $8.50 or $13.50. It will all fade into the background when NFG hits $50
Comment by diabase1 on Aug 12, 2021 8:28am
and I have seen lots of 'poor' core that contains a lot of gold!!!
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