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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 Dixiedeeon May 19, 2024 3:58pm
99 Views
Post# 36048142

RE:I'm being Selfish ?.......

RE:I'm being Selfish ?.......
DanWarren wrote: I read an interesting article by the self promoting, but actual - real economist, Jim Rickards about the possibility of gold going to $27,000 yesterday. This morning, I wrote a long but excellent post to that article about NFG being the best investment under his scenario. 

https://news.bitcoin.com/economist-jim-rickards-predicts-gold-price-exceeding-27000-says-its-not-a-guess-its-rigorous-analysis/
 
But, I decided NOT to post it.
 
 Why?
 
Like many here, I've accumulated many more shares in NFG than I ever imagined I would in my wildest dreams.......and we have the Short position ( Lil Shorty) and his probable, minimally skilled labor, hired hand, Bucco, their nefarious stock price manipulations, as well as the entire sub industy of shorting the Canadian Resource exploration universe of stocks, and the government's likely, deliberate lack of protection from these privileged bandits, to thank for the still near multi-year low stock prices for NFG/ NFGC.
 
So, even though my long post was an excellent overview of NFG for a new potential, investor in NFG, I decided NOT to post it. 
 
 As a group, we could probably start posting long, well reasoned comments like i wrote this morning, to various message boards, and possibly, actually, start a 'meme stock' like explosion in NFG. Of coarse, this would be very detrimental to Lil Shorty, and would be very hurtful to Bucco and his New Found devotee, EvenKeel....but, by propelling NFG into a rabid bull phase (like it saw in 2021) we Long Term investors LOSE our chance to accumulate EVEN MORE NFG shares at bargain basement prices!
 
So, I didn't post my long, well written and well reasoned post. Maybe I'm selfish.......or maybe I'm NOT selfish, and want to get others I know into NFG at bargain basement prices?
 
We're going to be remorseful at the the lost opportunity to buy more shares of NFG/NFGC at bargain basement prices.
 
And, remember, we owe Lil Shorty huge acknowledgment of gratitude for making possible our accumulation of much greater positions in NFG than we ever thought possible, at bargain basement prices.
 
So THANK YOU !!, Lil Shorty....and thank you, too, Bucco, and some small thanks to Evenkeel, recent accolyte of Bucco.
 
 
inflating their debts away by putting the world back on a gold standard and repricing gold at 25,000 plus per ounce that only works if the USA actually has the 8100 tons of gold that is questionable I don't think the world will believe them without an audit.his other comment is printing more US$ and buying gold which would push the price up .the Bric countries have been dumping the US$ they hold and buying gold to protect themselves from the sanctions the west seem to place on them with no thought about property law or rights the sanctions the west places on other countries and individuals is the biggest threat to the USA economy and the dollar and the huge deficits the west runs just compounds these problems .Do  I think 25,000 is possible  I don't know but a much much higher price than where it is now is very possible , and the gold producers will have lots of cash and be looking to replace reserves at a record pace in the near future is my bet and NFG will have a lot of derisked gold reserves at that point .But they may not even wait to gobble them up a few drill results to depth might be all it takes in this coming environment we will see how it unfolds 

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