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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. The Company is 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 an approximately 1,662 square kilometers area, located about 15 kilometers (km... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > Opportunity here
View:
Post by GUY2012 on Nov 10, 2021 5:00pm

Opportunity here

The price only reflects the ignorance of investors who are "not investors" at all. They are just the day traders and manipulative investors who band together to short stocks that they don't really understand or even care to understand. They just trade/short it  to create volitility for quick gains. News on drilling will once again propell the stock up. I don't worry about these fluctuations and given the $48 million investment by Sprott at $9.60 /share, I think that says something. For these reasons, I buy on the dips.
Comment by diabase1 on Nov 10, 2021 6:54pm
That's the short term problem Will NFG send their core to ALS (too high) or to Eastern (too low) or do they wait for a Chrysos unit, whenever that comes in. I don't think NFG has indicated their intension on what they are going to do!!
Comment by orophil on Nov 10, 2021 7:49pm
Diabase I have to disagree, in the news release from november 8 they said exactly what they are going to do and that is to send core from recent drilling that had previously been scheduled for rused analysis to perth this week for photon analysis...iow its probably there now being analysed at the moment https://newfoundgold.ca/news/new-found-initiates-use-of-chrysos-photonassaytm-method-for ...more  
Comment by diabase1 on Nov 10, 2021 8:08pm
Thanks for your response. It is my understanding that what they've sent to Perth is just a small amount of core so that they can make a comparisons with previous core that they had aleady sent  to ALS and some to Eastern. Once they receive the results from Perth, then they will decide on the next step. My point is that they won't be sending core from 10 drills over to Perth any time ...more  
Comment by orophil on Nov 10, 2021 8:12pm
 respectfully please read the entire news release again...I don't think you have read the same news release that I have read
Comment by diabase1 on Nov 10, 2021 8:50pm
You are 100% correct. Sorry about that!! Are they saying that all that core from 10 drills are being sent to Perth, until Val d'Or is up and running? Gheezz!! Will there not be a comparison between the Chrysos results and the ALS/Eastern fiasco? Thanks again for your response.
Comment by Sciencegeek1 on Nov 10, 2021 8:46pm
The PR is clear IMO and I thank god they have been able to negotiate this with help from NOVO.  Otherwise we would have seen a slow trickle of results until well into 2022.  This is going to be a huge advantage for them and the steady release of results from the new assay for the remainder of the year will benefit the SP. They make a point of saying they are going to spotcheck/screen the ...more  
Comment by wajac on Nov 10, 2021 8:03pm
From their news release 6 days ago: The Company anticipates signing an agreement with MSALABS shortly for approximately 20,000 Chrysos PhotonAssayTM assays per month at a facility outside of Newfoundland....
Comment by eldreco on Nov 10, 2021 9:17pm
Diabase - get stuffed!  Before you get all lordly in your statements...go back and read some of the stated plans for sending core samples direct to Perth.  This news has been out there for a day or two...I think the less of you for not already being aware of publicly stated intentions! el d
Comment by diabase1 on Nov 10, 2021 9:49pm
Whatever you say chump!!
Comment by likeike on Nov 10, 2021 10:33pm
eldrico he did not say intentions he said intension. I have no idea what that is and I am sure he does not either because  he does not know what he is saying. INTENSION the internal content of a concept. Now you know why I have him on ignore IKE                              
Comment by rob1237 on Nov 10, 2021 6:56pm
   The narrative blinds....theres something wrong with the grades...they have to be retested. Which means the stock fell 50% because of the uncertaintly.  The stock will never go up until we get the final results, and when the results are released if they disappoint then the toilet flushes. uet they aberage down. Lol  I have a small position. I had a big one but got out ...more  
Comment by rob1237 on Nov 10, 2021 6:59pm
Averaging down now is like being at a black jack table....u double down beofre the cards are shown.....good luck brea. averaging down now is sheer gambling with hard earned money.   
Comment by Global1966 on Nov 10, 2021 9:21pm
I'm glad the shakeout will get rid of nervous Nellie's. The quantity and quality assayed by the end of 2022 will blow most out of the water.
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