New Found Gold Corp V.NFG

Gold action

[Retiredgeo]

Gold surges $27 to $1982 as Goldman sachs reduces the odds of a US recession.  The entire gold mining sector is floating higher.

[1condor]

Anyone want to comment why this stock cant take out 7 dollars. Seems lately all the star are line up with NFG yet it cant move forward. What is holding it back?

[lionelmac]

Retiredgeo put a hex on it for 5 to 7 years!!

[Retiredgeo]

A combination of age, apathy towards mining stocks and no good plan going forward.  As a play it has been over two years since the big run up of the spring of 2021.  Everyone knows NFG has a butt load of gold.  More gold doesn't excite anymore.  More gold gets thrown on top of the pile. All mining stocks are struggling in today's environment except the battery metal

[Dixiedee]

July is normally one of the weakest months for gold and gold backed securities so it doesn't surprise me that we are not taking out 7.00 what has surprised me is the strength in gold lately ,NFG is inching along doing ok in a weak market august is the start of stronger gold (aug 1 to march 1 ) is normally the stronger period for gold and gold backed securities.Iam still confident in a new 52

[Tarantella]

This post has been removed in accordance with Community Policy

[Global1966]

I think we will see it by the end of August if not sooner. Dyor

[DanWarren]

Short position does a lot of manipulating. They do all they can to try to prevent an obvious and strong  uptrend . https://newfoundgoldnfgc.freeforums.net/thread/105/dans-get-shorty?page=2#post-3623 ^ this is where the Short position is monitored. Scroll up one post to get the numbers.