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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 > stop with the gold talk bdog
View:
Post by likeike on Sep 16, 2022 10:19am

stop with the gold talk bdog

 
@ikehedges @dodgedude with decreased supply comes increased prices. And regardless, whether it's a $1600 gold price or an $1800 gold price, it really makes little difference over the long term when the cost to get the gold out of the ground is $6-$800. But thanks for your input
 
1
      

I actually think they will get it out of the ground a lot cheaper IKE
@ikehedges @dodgedude with decreased supply comes increased prices. And regardless, whether it's a $1600 gold price or an $1800 gold price, it really makes little difference over the long term when the cost to get the gold out of the ground is $6-$800. But thanks for your input
 
1
Comment by braindeadoldguy on Sep 16, 2022 10:38am
This post has been removed in accordance with Community Policy
Comment by BuccaneerBobbie on Sep 16, 2022 10:47am
This post has been removed in accordance with Community Policy
Comment by geezer21 on Sep 16, 2022 10:52am
"It's crazy, and I am not a conspiracy nut, but this is reality and we have to get lucky at some point." You do not have to depend on luck.  Global macro conditions are all in place now for a massive surge in the price of gold.  Gold was already on the move when it breached $2,000 months ago only to be interrupted with inflation scaring people to leave equities to find ...more  
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