New Found Gold Corp V.NFG

Caught between two pulls

[Retiredgeo]

Gold is up ~$25 USD/oz

Dow is down ~740 points

Gold is pulling NFG up, whereas, the broader markets are pulling it down.  Poor NFG has no control over any of this and is floating with the tide.  It may have a tough time climbing when the broader markets sink day after day.

[Royal10]

Price of gold is very favorable, but NFG's mngt has no agenda! With 14 drills at work, I can't beleive that results could be so scarce!

[likeike]

Royal10 I am indeed shocked that you would say such a thing. I have no idea of the depth of your knowledge of the exploration business but PDAC usually happened in March of every year until 3 years a go. Any explorer would save his powder for this show announcing new drill results or new areas to explore. It was the game that was played to raise more money or to just draw more attention

[Retiredgeo]

If you check the old press releases, they released new results on September 8,15,23,30 and January 6,13,19 and 26.  Only during the week of October 13-14 did they releases two results in one week. From the pattern, the next release should be Thursday. No agenda??  Their historical pattern of press releases is fairly well established.

[Global1966]

No results on Lotto for 6 months. Wonder why? 

[braindeadoldguy]

This post has been removed in accordance with Community Policy

[megacopper]

  Hey rediredgeo you know from experience the big boy stocks like Barrick and Newmont always move first. NFG will have its day in the sun. It's coming guys. The big move for gold is coming. Be patient. 

[AlwaysLong683]

I still believe that it is assay results, not the price of gold, inflation, war, etc. that will move NFG's share price. Today is another example: Gold up to around 1,940.00 Senior Gold Producers (ABX, AEM, NGT, YRI. heck, even K which has operations in Russia) are up between 4.5 - 5.5%. NFG closed at 7.95, up 2.9%, which is nothing to sneeze at, but nonetheless significantly underperformed