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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 shiftyoneon Oct 31, 2023 9:41pm
318 Views
Post# 35710465

Lassonde curve

Lassonde curveThat is a highly touted idea created by Pierre Lassonde not very many years ago.  It is basically technical analyses, and based on trading patterns, not fundamentals.

TA always have instances where the action of the stock price matches the mentioned or desired curve.  It is used by management lately to explain why the stock price is behaving as it is.  To give investors hope.

I don't know where this stock will go..... higher in the long term is my guess if you are investing and just forgetting about it for years.

The Lassonde curve....   I wouldn't pay one bit of attention to that.  It is one theory out of hundreds for how a stock will behave.   But it is the buzzword these days it seems.

Do your DD.  Trust the process.   Short term trading is a lot different than long term investing.

Good luck
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