New Found Gold Corp V.NFG

Gold Price is in War Time Territory

[Goldstein80807]

Expect moves in Gold price to go Wild,and i mean Freaking Wild.We will start seeng three digit moves on daily bases,up and down.Friday was the perfect example,almost $100 swing.Who ever is invested in Gold investments is going to be very,very freaking Rich.GLTA

[BladeMaster]

Yeah, I agree with this call ~ I have an overweight in precious metals across family portfolios currently... Sitting at a roughlly 45% weight, and another 25% in energy This mix has given us a slight out-performance relative the major indexes YTD... We're +12% right now, but hopefully much more as Gold makes a run for +$2500, maybe even $2700 in the coming weeks

[Retiredgeo]

Conversely, maybe not!  The Iranian attack on Israel is over.  There was only minor damage. If Israel is smart it will let the matter drop. Gold is going up for many reasons, not just the middle east war.  The dismal state of US federal finances is probably a bigger issue.

[Dixiedee]

Totally agree there are multiple reasons for gold to continue to go up the west weaponizing the dollar and sanctions have a huge effect on golds raise the brics countries along with every other county that feels vulnerable to the US$ is joining one at a time to create a completing currency to the US$ The Shanghai gold exchange is taking over setting the price .Fake paper gold trades are getting

[Goldstein80807]

Nothing is over,until Israel says its over,period.I respect the fact,that you are RetiredGeo,but you have no idia  of what is comming.Follow the money.Money is Betting On Full Blown war.Gold Contracts have reached volumes today of 162% vs Avg,336.610 contracts to be exact.times that by 100 ounces per contract, to be delivered you get the point.GLTA

[Goldstein80807]

You contradict yourself.Compairing SGD to NFG share price.SGD has no infrastruture and Low grade,deep and and expencive to mine.look at Victoria Gold,a gold producing mine with the probably more amount of gold as SGD, at  lower Market Cap.Try mining at minus- 30 degrees C and been profitable.

[Retiredgeo]

Snowline's Valley deposit is vast.  Estimates range from 10-15 million ozs.   It may indeed be deep but the high grade starts at surface.  Expensive is irrelevant for it is a high profit, multigenerational deposit.  Furthermore, it is open pit which is exactly what the majors want.  There are already such mines in Alaska such as Fort Knox and they have been very

[Rainmaker11]

Speaking of Fort Knox mine,there is a Livengood gold property owned byITH not far from it,that has 13.6 million Ounces Measured & Indicated and 9 million Ounces of proven and Probable reserves and trades under a dollar a share and under 200 million cap.Talk about value.Major holders are Paulson &Co 32.1% and yes Sprott 13.2%.