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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

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Post by nozzpack on May 02, 2024 10:31am

Pitiful

Volumes and price have collapsed since the fateful decision to pay in total $40 million or so for Kingsway pasture with a few decent holes when they have dozens of discoveries with better decent holes at QW that could have benefited from that $40 million investment.

This cast a terrible smear on Managements strategic failures to advance an MRE on any of its discoveries , implying that the Kingsway potential was better than anything yet discovered todate at QW.

WTF were they thinking.
Comment by Flyby1969 on May 02, 2024 2:57pm
Totally disagree. Collapse? Hardly,it's been in this range for months.
Comment by Dixiedee on May 02, 2024 4:02pm
Really your talking nonsense 
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