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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 AlwaysLong683on Feb 22, 2022 6:48pm
111 Views
Post# 34452019

RE:Going nowhere until

RE:Going nowhere until

Gangsterme: 
Stock is and will go nowhere, up or down, unless gold has a very significant move in any direction. Until, next assay results or information regarding earlier assays. 


As I outlined in previous posts, I don't think the price of gold will have much influence on junior explorers like NFG as gold production is years away (unlike senior producers who can earn more per ounce right away). I agree what NFG needs most is a positive outcome to the investigation and assay results that exceed (or at least meet) market expectations - one or both of these two factors should move its share price, perhaps dramatically.


Gangsterme:

Anything written here will have no influence on price or direction until then.

I don't think any posts on this BB have any effect on NFG's share price. I view this BB as a place to share new information about the company, comment on its operations, discoveries, managerial decisions, etc. In my view, it's highly doubtful the big players who can move the share price of NFG are reading the posts on this BB as an aid in deciding if/when to buy or sell shares of NFG.


Gangsterme:

In meantime would appreciate it if people would take their political BS elsewhere.
 
Agree whole-heartedly. The Ignore function is a wonderful thing.


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