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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

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

Comment by hockeyplusgoldon Jan 07, 2022 8:38am
161 Views
Post# 34292114

RE:Random Thoughts

RE:Random ThoughtsI agree the paper market is easily manipulated ETF,s are not a good thing for the real world I have some younger people in my life that where all excited when Bitcoin started trading in an ETF I told them that's the beginning of the end for Bitcoin and since then it has went from 69,000 to 42,000
they all haven't come to believe me yet but some have .we see paper gold kill the price then physical 
gold purchase runs it up again and back and forth we go how things have changed for the worst 

all that being said I agree margin is bad and most if not all should stay away from it 

on the plus side we are above our 200 day moving average of 7.98 still 
we just got some more positive unbiased results 
we know that ALS didn't screw up with Bias not sure about other Lab yet maybe someone else has figured that out already and can let us know 

I hope we stay at this level for a couple more weeks so I can buy some more at these discounted prices I personally am buying not because I think this could go up 20 or 30% from here but because I believe we can go up multiples of where this stock is now 
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