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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

Metals & Mining Gold
New Found Gold Corp. is a Canada-based mineral exploration company. The Company is 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 an approximately 1,662 square kilometers area, located about 15 kilometers (km... see more

Bullboard (TSXV:NFG)

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Comment by suregold2on Dec 03, 2024 1:59pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Latest news release

The vast majority of Option holders are once again Craig R., Colin K, And Denis L.  All available on Sedi! Check it out. I do not have a problem with options granted. But I do have aproblem with ...more  
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Discussion
Comment by Retiredgeoon Dec 03, 2024 1:24pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:Latest news release

Options are awarded to directors at higher prices than the current share price.  They are "free" only if the share price goes up.  Directors have to work their butts off to get the ...more  
43
Discussion
Comment by RockyFelleron Dec 03, 2024 12:54pm

RE:RE:Napkin Math

To go from over $12 a share to $2.50 is frustrating, especially as the drill results have increased the footprint and have been stellar. People get too impatient and end up dumping the shares, when ...more  
46
Discussion
Comment by TheGreekGoldGuyon Dec 03, 2024 12:40pm

RE:Ignoring the facts will be painful, rather sooner than later

The results from the KM surface trenching can most liklely be repeated over  and over again with depth.  For example, hole 21-162 with its 3761 gram meters stareted at 285 meters, hole 20-59 ...more  
44
Discussion
Comment by nozzpackon Dec 03, 2024 12:29pm

RE:Napkin Math

That is correct ....over $25 Billion CAD in the shallow open pit ground at QWN, and of the highest grade in the world which can be mined very very cheaply. $100 per share for those 7 million ounces ...more  
53
Discussion
Comment by suregoldon Dec 03, 2024 12:14pm

RE:RE:RE:RE:RE:RE:RE:RE:Latest news release

How the hell was I dumping on the company?  All I said was 1.55 million options would be exercised before Dec 17  That represents 13% of O/S options.  Also, you need to read the OSC ...more  
35
Discussion
Comment by Evenkeel123on Dec 03, 2024 11:59am

RE:Napkin Math

It's only worth what someone is willing to pay.  A lot of reasons go into such a decision.  Every ore body is different, and most aren't economical to mine.   EK
36
Discussion
Comment by Retiredgeoon Dec 03, 2024 11:45am

RE:Napkin Math

Yup, but does anyone care?  I thought like you 3 years ago only to watch one of the richest gold deposits in Canada sink from $12 CAD/share to $2.30 CAD/share.  I share Eric's dismay ...more  
62
Discussion
Post by RockyFelleron Dec 03, 2024 11:37am

Napkin Math

If it is 7 mil ozs. currently at $3600 CDN gold price, that's 25.2 billion in ground value
56
Discussion
Comment by Retiredgeoon Dec 03, 2024 11:32am

RE:RE:RE:RE:RE:RE:RE:Latest news release

I don't like bloggers dumping on the company.  That's my agenda.  I get enough of that from Bucc and his friends. The options were made available to officers, directors, employees ...more  
49
Discussion
Post by nozzpackon Dec 03, 2024 11:25am

Sprott Royalty Pays $200 Million for 1.2 % NSR

It's not inconceivable that , knowing the grades and Resources currently being discovered at QWN , and not wanting to see further equity dilution of NFG shares by another cheap financing , ES will ...more  
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Comment by Retiredgeoon Dec 03, 2024 11:13am

RE:price per oz.

Free Gold ventures (an Eric Sprott favorite) has 30 million ozs in the ground worth $15 CAD/oz at current market evaluation.  Ounces in the ground aren't worth what they use to be.  The ...more  
56
Discussion
Comment by Retiredgeoon Dec 03, 2024 11:03am

RE:RE:RE:Latest Napkin Math 6.7 m Oz ..$2.5 billion in ground

Until the MRE is released all market estimates have to be taken with a handful of salt. I have long estimated 5 million down to 400 m; 25 million down to 2000 m and 100 million property wide.  ...more  
55
Discussion
Comment by suregold2on Dec 03, 2024 11:00am

RE:RE:RE:RE:RE:RE:Latest news release

Not sure what your agenda is but the 1,550,000 are options outstanding under the company compensation plan with an expiry date of DEc17!. These werer outstanding at September 30, 2024. None have been ...more  
49
Discussion
Post by TheGreekGoldGuyon Dec 03, 2024 10:50am

Ignoring the facts will be painful, rather sooner than later

NFG Phase 1, Keats Main Trench - Highlights 2228.05 gram meters KM-24-12, 9/23/24, KM Channel Trench 2082.90 gram meters KM-24-17, 9/23/24, KM Channel Trench 690.65 gram meters KM-24-18, 9/23/24 ...more  
72
Discussion
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