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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 > Can't Blame The Shorts Today...
View:
Post by bull_runz on Apr 15, 2024 1:27pm

Can't Blame The Shorts Today...

NFG's largest shareholder was selling fueled by the US bond spike ;

https://www.tradingview.com/symbols/AMEX-GDXJ/
Comment by nozzpack on Apr 15, 2024 4:27pm
Indirectly no. But, with the average investor having no idea as to the gold resources drill defined todate and No stated intent by management  to generate early cash flows via production to stop this incessant equity dilution, why would any investor risk his capital here. Which is why the shorts are as comfortably ensconced here as NFG management . Unless and until management takes ...more  
Comment by Global1966 on Apr 16, 2024 2:44am
In Nov 2023 either CK or DL was quoted as saying it would take around 12 months to come up with production options. The 12 months isn't up yet
Comment by nozzpack on Apr 16, 2024 5:23am
"Nov 2023 either CK or DL was quoted as saying it would take around 12 months to come up with production options.” Wow. A production decision means that management have to roll up their sleeves and work for their fat salaries . Kicking the can down the road means it ain't happening any time soon. Nevada King gold is lower now than in 2021 New Found is lower now than in 2021. CK is ...more  
Comment by Dixiedee on Apr 16, 2024 6:55am
Wow is correct management is one of the most important parts of a decision to invest in a jr exploration  company if you are that unhappy with management why don't you just sell 
Comment by Evenkeel123 on Apr 16, 2024 7:15am
What's the matter, dixie.  Don't you know how to hold a serious discussion without bashing others? What kind of an example are you to others who have an opinion not alligned with yours. EK
Comment by Dixiedee on Apr 16, 2024 7:43am
wow the shareless has spoken the saviour to anyone that misguidedly believes in newfound gold and their high grade generational gold district deposit that is in the 4th friendlest jurisdiction in the world has a great rule of law has infrastructure with the trans Canada highway running through the property multiple high voltage lines running through the property international airport just klm away ...more  
Comment by unclebobby on Apr 16, 2024 8:12am
No need to reply  to pukes like EK, it just entices him to get a reaction, he's a lonely,,lonely person 
Comment by Dixiedee on Apr 16, 2024 7:05am
Yes that was true and once they get drilling results from depth and expand and define some of the existing shallower zones using the siemic Iam sure they wil come up with a great plan  they may want to start the open pit on an area that has know gold at depth rather than a pit that hasn't  that would be my guess but to make the proper most profitable decisions you need patience and ...more  
Comment by Dixiedee on Apr 15, 2024 5:32pm
you said NFG largest shareholder is selling Incan not find anything anywhere saying that Eric Sprott the single largest shareholder sold any shares  Palisade the 2nd largest single shareholder I cannot find anything anywhere saying they sold  Collin hasn't sold any either that I can find  I can not find anything on any major shareholders selling  can you please clarify your ...more  
Comment by 1condor on Apr 15, 2024 5:55pm
Why can't you guys see that NFG is being played like a fiddle. Like seriously do a little digging but be sure to take off those rose coloured glasses before you do the digging.
Comment by 1condor on Apr 16, 2024 11:12am
Oh look Gold is up...why is NFG down? Can hardly wait to see what happens when gold pulls back. The holders of NFG are being played.
Comment by Evenkeel123 on Apr 16, 2024 11:27am
Condor, typical reactions from die hard perma-longs, lol.  Buy more because the price dropped, but they never post when they sell, and they all make money here.  What a joke.  It's a big coverup for a lifestyle company that takes all it can, and never gives anything back. in the form of capital appreciation.   EK