Post by
Royal10 on Feb 11, 2022 2:08pm
NFG: very quiet!
Price of gold is breaking out strongly and NFG has poor reaction! WHY?
Comment by
Retiredgeo on Feb 11, 2022 2:17pm
NFG is up 3.5% today. What are you expecting?
Comment by
Royal10 on Feb 11, 2022 2:35pm
Due to its supposedly great gold resource potential and the strong gold price, I was expecting a strong breakout with high volume over the resistance at $8.25! Unfortunately, the management does not deliver the merchandise!
Comment by
megacopper on Feb 11, 2022 2:57pm
Hahaha sorry the company couldn't meet your timelines. Perhaps NFG will breakout next week. Rome wasn't built in a day.
Comment by
braindeadoldguy on Feb 11, 2022 3:01pm
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Comment by
megacopper on Feb 11, 2022 2:50pm
The price of gold has only broke out in the last few hours so it does take time for investors to react. Inflation is running much hotter than most had anticipated. I know the average person is sure feeling inflation with the price of everything moving much higher over the past couple of years. It is definitely affecting everyone's bottom line.
Comment by
Global1966 on Feb 11, 2022 11:47pm
IMO waiting for QAQC review report and further assay results. Stalemate till then.
Comment by
TheGreekGoldGuy on Feb 13, 2022 8:33am
When things are quiet, the tremites and worms show up, for us to add to our ignore list. The Greek here, why does so much nonsense show up on the weekends? It only takes an ounce of brains to understand how signicant NFG's latest drill results were. 28.20 g/t Au Over 4.50m at Keats Footwall Zone, 145m Below the Keats Main Zone.
Comment by
braindeadoldguy on Feb 13, 2022 1:12pm
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Comment by
AUSTIN48 on Feb 13, 2022 7:24pm
Thanks for your words of wisdom. I have a position still at a 4 dollar average however i have sold some and bought ESK,also watching Harvest Gold as i like the story and Sean Ryan. Just disappointed in the company and lack of updates. The momentum ruined by dead air and no clear communication yet.