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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 > Good week for NFG
View:
Post by megacopper on Mar 05, 2021 7:26pm

Good week for NFG

Well NFG had a pretty good week considering the price of gold was down for the week. I'm thinking NFG is getting closer to a US listing which should give us exposure to a much larger investment audience. Hopefully the price of gold turns higher after this correction and NFG will definitely hit more high grade intersections and we will be off to the races heading towards $10 a share.

The price of gold has corrected the past several months but it's near a bottom and will resume its long term upward trend very soon. The Queensway property has lots of high grade gold and with a 200,000 meter drill program they will find it. I agree with Dr. Quinton Hennigh that this Queensway property is a company maker and the most value returned to shareholders will be getting it into production as quickly as possible to mine the very high grade rock. We have Fosterville Swan Lake 2.0 on our hands and once the market figures it out New Found Gold will have a market valuation in the billions!!! Enjoy the ride!!!
Comment by porc2019 on Mar 06, 2021 4:45am
10 dollar US or CAD? And why that number?
Comment by megacopper on Mar 06, 2021 5:09am
  It's a nice round number. Lol I have no idea how high NFG will eventually go. Nobody does. Are you the guy that is bitter towards Quinton Hennigh over Novo. I think it was you. NVO is doing a little better now. Hopefully you didn't sell down around $2. The bottom line with NFG is they continue to deliver really high grade gold intersections. As long as they keep doing that the ...more  
Comment by porc2019 on Mar 06, 2021 5:25am
I dont own NOVO and never did. I am not bitter, I am a shareholder of NFG.
Comment by megacopper on Mar 06, 2021 7:17am
  Fair enough. I mistaken you for somebody else I guess. I apologize. Nobody knows how high this thing will go. The drill results and ultimately the market or a possible buyer (major mining company) may offer a buyout to determine a valuation on NFG or perhaps they will put it into production themselves. But it's a little premature to be talking about buyouts or going into production ...more  
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