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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

Post by Amicoron Jul 26, 2022 8:03pm
140 Views
Post# 34852542

Down Trens

Down TrensGuys, Ever since this stock hit a high of 13.50 in June of last year the stock has been in down trend. With each low there is a lower low. This will keep on going down until they break the trend and perform a higher low and higher highs. Having said that I have been buying for the last 6 months on the results. This is still early stage but the holes that they are discovering is worth it. I will keep on averaging down and when we get a market correction where everything is thrown out like in 2020 that is when you need to really add. I wasn't in the initial run up to 13.5 but man every day this goes down its a gift. That is my two cents. Don't get caught up with the bathers, just follow the results.
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