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
porc2019 on Mar 06, 2021 5:25am
I dont own NOVO and never did. I am not bitter, I am a shareholder of NFG.