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Bullboard - Stock Discussion Forum
New Found Gold Corp
V.NFG
Alternate Symbol(s):
NFGC
Metals & Mining
Gold
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...
, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company is undertaking a 500,000-meter drill program at Queensway.
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Bullboard (TSXV:NFG)
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(226)
•••
Evenkeel123
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Comment by
Evenkeel123
on Jun 10, 2024 11:37am
RE:RE:RE:200 day moving average for gold
condor, he might not be thinking straight. He must have dropped 40 to 50K or more on Friday. EK
(249)
•••
1condor
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Comment by
1condor
on Jun 10, 2024 11:32am
RE:RE:200 day moving average for gold
Dixiedee...so now you are hoping for a bit more of pullback in NFG? Odd statement coming from someone who is so bullish on this stock. What level ya looking at...below 4 bucks?
(295)
•••
DanWarren
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Comment by
DanWarren
on Jun 10, 2024 7:50am
RE:RE:RE:RE:RE:RZOCKS and Stocks Newsletter on Gold Price Action on Friday
Yes, agree. ..China may well be posturing. Like bargaining on a car price. Bottom line is gold price fluctuations are not material to the price of NFG. The price of gold is generally stable and
...more
(13)
•••
Kincar3
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Post by
Kincar3
on Jun 09, 2024 10:50pm
Maybe of interest
https://cnb.cx/3x9VDvR
(1644)
•••
Dixiedee
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Comment by
Dixiedee
on Jun 09, 2024 10:33pm
RE:200 day moving average for gold
I think worst case 2200 or just below that .Lots of buying would step in @ or below 2200 that could push it past 3000 by year end the next leg up will start to get a lot of people's attention
...more
(248)
•••
shiftyone
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Post by
shiftyone
on Jun 09, 2024 6:53pm
200 day moving average for gold
Is about $2085 US an ounce. That is an important curve. I don't know if it will go up or down this week, but there is a possiblilty it could go down and test that number. Even though
...more
(1644)
•••
Dixiedee
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Comment by
Dixiedee
on Jun 09, 2024 3:45pm
RE:RE:RZOCKS and Stocks Newsletter on Gold Price Action on Friday
Doesn't matter what you or I believe the offical statement from China is they bought gold for 18 straight month's and in may 2024 didn't buy any .The USA hasn't bought gold in decades
...more
(180)
•••
unclebobby
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Comment by
unclebobby
on Jun 09, 2024 3:28pm
RE:RZOCKS and Stocks Newsletter on Gold Price Action on Friday
If you believe China didn't buy any gold , I have property for sale in Florida
(295)
•••
DanWarren
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Post by
DanWarren
on Jun 09, 2024 9:40am
RZOCKS and Stocks Newsletter on Gold Price Action on Friday
"Gold Punished On Friday But Fear Not As The World Is Still Going Through The Death Spiral Of Debt That Will Force A Return To The Gold Standard Gold got smacked down
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(1644)
•••
Dixiedee
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Post by
Dixiedee
on Jun 09, 2024 9:33am
These are my sentiments exactly
These are my sentiments exactly https://www.kitco.com/news/article/2024-06-07/nothing-has-changed-gold-except-price
(1644)
•••
Dixiedee
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Comment by
Dixiedee
on Jun 09, 2024 8:49am
RE:RE:RE:RE:RE:Still adding... Holding 206k shares
You can include EK in that group who are confused on what an exploration company is hunt for him and his Bucc friends it's not a producer
(1597)
•••
Retiredgeo
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Post by
Retiredgeo
on Jun 09, 2024 8:36am
Bashers
They have been a fixture of this board ever since I joined back in the spring of 2021. They always hit upon the same talking points: NFG has no revenue NFG has no income NFG doesn't have
...more
(1597)
•••
Retiredgeo
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Comment by
Retiredgeo
on Jun 09, 2024 8:09am
RE:RE:RE:RE:Still adding... Holding 206k shares
You are applying the metrics of a producer to an explorer. That is a fallacy. Producers are all about the present - cashflow, grade, resource, reserves, profit margins etc. Explorers
...more
(57)
•••
666999
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Comment by
666999
on Jun 09, 2024 7:43am
RE:RE:RE:Still adding... Holding 206k shares
I know, this board is same as many boards on SH, where share price has great final run, but company is without any cashflow etc, if we look at chart when share price was at 12, its typical fomo, with
...more
(90)
•••
Global1966
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Comment by
Global1966
on Jun 08, 2024 7:55pm
RE:RE:RE:Still adding... Holding 206k shares
China didn't buy any gold in May
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