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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 > One mo time For Dan.
View:
Post by Evenkeel123 on May 19, 2024 7:26am

One mo time For Dan.

It's not very nice when the truth is deleted.  Prove it wrong, lol!

One mo time For Dan.

nothing is ever as it appears with snake oil salesmen TwerkinDan. The mine has a limited life as they are out of reserves. My bet is Soumi paid QH and company to take it off their hands due to environmental liability but thats just my guess. Novo bought $1m shares of San Cristobal for pennies then revalued it to $15m as per their financials increasing the book value of marketable securities  They revalued it based on a limited raise of funds to private investors with no real market valuation test as its not a public company. Its Hanky panky and we will see how marketable those securities really are along with Elementum 3D also bought for pennies and revalued to $20m or so on their books. Last I heard things were not so good at that company. And then there is Crescat who also bought San Cristobal shares for pennies and now its rated as Crescats #2 largest holding. Probably also on a fake revaluation because if you read the fine print Crescat takes a cut on such gains from their investors.
 
Its such a dirty game int it. 


Take a look at Crescats site for performance. Returns shown for them are pre-fees if you read the fineprint. They far underperformed the S&P. They know how to rejig the numbers with their fineprint.

Tavi majored in tennis btw. I would rather invest using a dart board than these losers.



Bucco
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