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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

Metals & Mining Gold
New Found Gold Corp. is a Canada-based mineral exploration company. The Company is 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 an 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 also owns a 100% interest in the Kingsway property, which consists of 264 claims on three licenses covering approximately 77 square kilometers. The project is located approximately 18km northwest of the town of Gander, Newfoundland. The Company is undertaking a 650,000-meter drill program on Queensway. It has royalty interests underlying Keats South and several additional zones in Queensway.


TSXV:NFG - Post by User

New Found Gold Corp > Low volume since last news release
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Comment by megacopperon Jun 16, 2021 3:12pm
185 Views
Post# 33396415

RE:RE:Low volume since last news release

RE:RE:Low volume since last news release
130KingSt wrote:
megacopper wrote: One positive to take from the last couple of days is the volume has been relatively low. Since the last news release that was really good news but obviously not good enough for the market. The bar has been set so high with NFG that drill results that are still really good is perceived as not so good by the market. Interesting how the market has a mind of its own.Spoken like a true amateur...YOU, me nor anyone else determines the price of NFG ...the Market does and the CLOSE eveyday is the REALITY Mr Market values NFG at Not sure where this correction for NFG will stop but it looks like they are getting much more aggressive with drilling the Keats Zone. There are 4 drills out there now juston the Keats Zone. Two on the mystery zone (near original Dome Prospect discovered by Al Keats)  and one on the Lotto Zone. We shouldn't have to wait long for more high grade gold intervals with 7 drills turning. Ready to buy more on any further weakness. 




 


Read my post again. That was exactly my point that nobody determines the price of a particular stock. The market does. 

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