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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 > Hard to understand
View:
Post by Gangsterme on Oct 19, 2023 2:27pm

Hard to understand

Gold up around 25$. Great assay results on a continuing almost weekly basis and news re seismic work imanent, and price of stock going nowhere. Only explanation, and we will see if true in coming weeks, is the continuation of selling ATM shares. 

I have to believe that the major shareholders think this is the way to go, hard for us minor shareholders but, nobody said exploration share purchasing was for the weak at heart.

Long term this is a real winner, just need to be patient, where do I purchase shares in patients?

Comment by Rainmaker11 on Oct 19, 2023 4:49pm
our time is coming soon.Gold: A Journey With Idris Elba - YouTube
Comment by 1condor on Oct 20, 2023 10:11am
Ask yourselves this question...why is NFG below 6 bucks with gold at 2 grand an ounce. You dont see anything wrong with that picture? Buy a producer and take advantage of these high prices instead of holding this dead play. 
Comment by Dixiedee on Oct 20, 2023 12:30pm
  buying a producer is a good idea in the next 12 months you could get a 50% plus return or a royalty company some have already moved up 20 % or more in the last couple months but it is normal for when gold moves higher the majors get a big bounce at the beginning then the jr producers next and they usually play catch up and the pass the majors % wise then comes the jr explorers like ...more  
Comment by NadaVanDips on Oct 20, 2023 1:39pm
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