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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 > Any dips in gold
View:
Post by Dixiedee on May 22, 2024 10:18am

Any dips in gold

Any dips in gold could give into a buying opportunities to add to your favourite gold plays like NFG
Comment by 1condor on May 22, 2024 12:01pm
What you all should be doing is unloading this underperformer and buy a gold producer. I sure hope those on this board have been holding a producer for two with this latest gold run...at least it can make up for the dismal performance of NFG. On another note...I find it entertaining how so many on here continue to wait for the next big news release while NFG struggles to hold 5 bucks. You all do ...more  
Comment by nozzpack on May 22, 2024 12:52pm
I agree with you that without production, NFG share price will continue to be a laggard .   I sold my NFG shares late last year and bought PALI and a gold producer , Galiano, which has tripled in price since then and still has double upside. So, being a producer , it's share price has responded very strongly to these record high gold prices while NFG continues to be mired in its ...more  
Comment by Gangsterme on May 22, 2024 4:27pm
Valid points, however only time will tell which is best strategy. 12 months from now we could revisit this post. I know you are short term I am much longer term.
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