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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 > Wow this might be next Fosterville
View:
Post by DeepValue81 on Mar 24, 2022 1:42pm

Wow this might be next Fosterville

Wowed by these drill results.... do people not like gold?  Could NFG find too much gold?  Gold prices still going up and I see this being a 10 bagger over time.  Long NFG from a WSS Ape... we like our gold too!
Comment by Retiredgeo on Mar 24, 2022 2:05pm
Gold is up $20 yet Barrick and Agnico-Eagle are down!  Go figure! There is no such thing as finding too much gold.  A case can be made that they are finding too much gold in the same old places.  How boring! (LOL) They are doing a lot of grass roots reconnaissance drilling along the Apleton and JBP faults and maybe Queensway south as well.  Surprise results may yet light a ...more  
Comment by Gangsterme on Mar 24, 2022 3:18pm
Go figure for sure, gold is up, great new results, and the volume is up, yet price has moved marginally after initial bump. Would love to understand who is selling today and did not sell yesterday or the day before. If the sellers today are not pleased with the new assay results it is beyond me to understand why they originally purchased this stock. If the sellers are selling short, they really ...more  
Comment by GGGsOldFriend on Mar 24, 2022 3:38pm
I really think a small fraction of the float is being swing traded.  I think we saw it in high speed action today.  It won't last forever.  I don't think it will last much longer. At some point, the sellers who get squeamish or impatient on the low side will dry up.
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