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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

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Post by likeike on Jul 04, 2022 11:52am

Bdog

my less than exuberant friend should we be bearish or bullish?

Comment by braindeadoldguy on Jul 04, 2022 11:58am
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Comment by likeike on Jul 04, 2022 12:11pm
Bdog skittish makes you sound a puddy cat...meow...a little old scaredy cat. Looks like we will have to throw you a bone to bring out your true nature. I myself from that chart am surprised Van-Eck's index is that low. Looks like we may have to poke that dog with a stick or golden rod if you will. Maybe we should start by getting you to do yoga. Downward Dog is a great pose. You may get ...more  
Comment by likeike on Jul 04, 2022 12:04pm
By essentially three different methods, the crash in Gold/CRB is exceptionally oversold and could soon rally. This will likely lead the rise in Gold’s Real Price, as deflated by the CPI, and history shows that in post-bubble contractions, rising real prices drive huge bull markets for gold mining. And in reviewing the action in the Gold/CRB index from highs or from lows it leads the moves in Gold ...more  
Comment by likeike on Jul 04, 2022 12:17pm
We have been using Gold’s Real Price, as deflated by the US CPI, for a long time. It goes down in a great bubble such that Gold Stocks are poor performers. But with the post-bubble contraction this price goes up making gold mining more profitable, launching a lengthy bull market for the sector. Of course, with monthly postings one has to wait to see critical changes. Thus the review of Gold ...more  
Comment by braindeadoldguy on Jul 04, 2022 12:23pm
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