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Bullboard - Stock Discussion Forum 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... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > New Found Gold Hits 13.8 Metres of 28.4 G/T Gold At Keats Zo
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Post by AwareInvestor on Feb 11, 2021 8:27am

New Found Gold Hits 13.8 Metres of 28.4 G/T Gold At Keats Zo

New Found Gold this morning released the latest results from the ongoing drill program at its Queensway Project located in Newfoundland. The latest results again come from the Keats Zone, where the company intercepted 28.4 g/t gold over 13.8 metres as well as 25.0 g/t gold over 10.3 metres.
Comment by Davec12 on Feb 11, 2021 8:53am
WOW. These are pretty mazing numbers for any possible gold mine, but these intercepts are not deep either.   Great long intercepts, easy to mine, near good infastructure,. If intercepts and deposit size continues this way  This stock looks like and easy 3 to 5 fold gain over  the next few years. So majors will be keeping a close eye on this one.
Comment by likeike on Feb 11, 2021 11:28am
Davec I too find these great amazing numbers on so many levels yet the market couldn't wait to yawn. Expectations so high anything  less than stellar disapoints. Interesting times we live in......looks like with how long the lab results come back from the other coastline (Vancover) we will get all our reactions from the reporting of visible gold in the cores. Tell me if I am wrong ...more  
Comment by diabase1 on Feb 11, 2021 11:41am
You are so right IKE. The day traders took it up and then took it down, so they are gone for the day. No real investors in sight. The junior mining sector will not budge until the pot mania has gone up in smoke and the bitcoin mania has been lost in the cracks. A volume of ~200,000 shares says a lot. Not even institutions are interested. Is there negativity of QH saying something? The price of ...more  
Comment by lifegoeson on Feb 11, 2021 1:02pm
Diabase1.... I agree, they want to play and smoke pot stocks, so that is where the money is flowing. Bitcoin is a crazy way to bet money but those who have won will tell you a different story. And yes, the junior resource market goes up and down on the price of gold just like the tide goes up and down 2 times each day. NFG has the goods, the game now is rebalancing of the float and share structure ...more  
Comment by diabase1 on Feb 11, 2021 3:13pm
lifegoeson: the pot stocks are being pumpled today. Up in smoke!! Now we just have bitcoin to go bust. Junior mining will rule again.
Comment by likeike on Feb 11, 2021 4:05pm
Diabase if you want to be concerned about inflows you should be concerned that net inflows of investment in China surpassed the USA for the first time. Pot and bitcoin will never survive but gold will. IKE
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