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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 > Gold Analyst Valuations..Production increases by 2.2 times
View:
Post by nozzpack on May 01, 2024 10:23am

Gold Analyst Valuations..Production increases by 2.2 times

April 2024 report shows gold peer producers trade at 0.73 times NAV...very consistent over time..while gold developers like NFG trade at just 0.32 times NAV.

This is consistent with my persistent statement that early production of Queensway would more than double NFG share price.....




https://research.viiicapital.com/Reports/Research/2024/April/Mining041624.pdf

Comment by nozzpack on May 01, 2024 3:50pm
Come on Ronnie........announce the closure of the toll Milling agreement of QW ore with Maritime and the timing of early production of Keats and Iceberg  It will double our share price . Otherwise, suffer the wrath of NL shareholders  most of whom are underwater..
Comment by Dixiedee on May 01, 2024 6:19pm
are you talking about your shares in maritime cause you said you don't actually own any shares directly in Newfound gold 
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