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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

Bullboard (TSXV:NFG)

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Comment by Evenkeel123on 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
Comment by 1condoron 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? 
Comment by DanWarrenon 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  
Post by Kincar3on Jun 09, 2024 10:50pm

Maybe of interest

https://cnb.cx/3x9VDvR
Comment by Dixiedeeon 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  
Post by shiftyoneon 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  
Comment by Dixiedeeon 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  
Comment by unclebobbyon 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 
Post by DanWarrenon 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 ...more  
Post by Dixiedeeon 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
Comment by Dixiedeeon 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 
Post by Retiredgeoon 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  
Comment by Retiredgeoon 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  
Comment by 666999on 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  
Comment by Global1966on 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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