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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 > Lots of misinformation and made up comments flying through
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Post by Dixiedee on Jul 01, 2024 8:56am

Lots of misinformation and made up comments flying through

Lots of made up comments and misinformation flying through  here 
1/Rick Rule did not bad mouth newfound gold he said he likes to get into speculative plays before they go public he also said Eric Sprott his old boss is much smarter and more successful than he is 
2/ MRE ( mineral resource estimate) again why would they do one before they have all the results from their deep drilling program putting the cart before the horse is reckless and financially wasteful
3/This is a generational gold district discovery and is being developed as such 
4/ There is a reason all these post get deleted by stockhouse they are multiple accounts from a few individuals trying to make it look like the masses are negative on newfound gold their reasons can be debated 
Bottom line for me I believe we have the goods and this low share price is an opportunity to aquire more cheap shares I believe there will be multiple mines on this huge property by multiple players at some point and that this is a generational discovery that wil span many many decades in its mine life 
everyone must do what is best for their own situation I for one am not getting distracted by the noise and staying on course and acquiring more Newfound gold shares as the opportunity presents itself to do so .There are many reasons to own gold and gold shares of producers and for some having a little in a speculative JR play I feel Newfound gold is the best Jr gold play currently out there do your own DD
Comment by Retiredgeo on Jul 01, 2024 9:32am
The weekend mods aren't as vigilant as the weekday mods.  Every weekend we get saturated with these posts.
Comment by Evenkeel123 on Jul 01, 2024 9:46am
Speaking of disinformation............. Nobody said that Rick Rule badmouthed NFG. An MRE, because the company states that they have piles of gold lying around, is required for a portion of the claim for edification, so true value ON A PORTION of the land can be assessed. Right now, it's a waste of time and money not to do one, because majors are walking away from an unproven and improbable ...more  
Comment by nozzpack on Jul 01, 2024 10:44am
But, but, have you read the recent technical report on Queensway prepared by three independent agencies . It contains a wealth of drilling data in a format ....gold content of .every single meter of drilling including blanks..that I can find in no other Feasability study todate . Such data provide a decent  basis for a  scoping analyses of discovered gold resources by prospect . Why ...more  
Comment by Dixiedee on Jul 01, 2024 5:47pm
One of your Bucc brothers in arms stated it multiple times that RR didn't like newfound gold of course he never said it but your brother Bucc did multiple times 
Comment by Retiredgeo on Jul 01, 2024 6:13pm
Actually, Rick Rule did state a year or two or three ago that he was not a fan of the Appleton North property.  He likes big open pit gold mines with known metrics and dependable production.  It is Eric Sprott whom is partial to the underground mines like Fosterville (which he made billions off of).  There are philosophical reasons why Eric owns 20% of NFG while Rick is investing in ...more  
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