RE:RE:RE:Mystery1condor wrote: NFG doing its thing today...falling as gold continues to move up. Buy a producer and make some money. Just pick one instead of hanging out in the "dead money". I can hardly wait to see how low NFG goes when gold pulls back.
condour1 if you have been in the gold space for along time or have been through a couple bull markets in gold you would know that most of the time but not always Gold bullion leads then large gold producers and royalty company's then the smaller producers and then the non producers for you to imply something is wrong because newfound gold is not up today just shows us how little you know about this space or that you have some kind of axe to grind with newfound gold .Gold will not be overly supportive of the large producers or the exploration companies until it gets well over 2200 level
if you are looking for only gold strength to move the gold stocks you will have to wait awhile there are other factors that move the gold stocks and royalty companies and jr producers and explorers
If newfound gold hits a few holes at depth it won't matter where Gold bullion is at that day the stock will be up considerably if bullion is also up it will just add a little more fuel
right now is the time to be buying everything gold that includes bullion ,majors plus royalty companies exploration companies and the one with the most potential is newfound gold in my opinion .everyone's investment goals and timelines differ but if one jr fits into your portfolio in my opinion you couldn't have a better one than newfound gold currently 5 analysts have it rated as a buy with a 12 month price target of 9.00 US