New Found Gold Corp V.NFG

Gambler vs Investor

[GoldCasino]

Even though Mr. Sprott talks like a wild-eyed gambler, he is nothing but a shrewd hard knuckle investor. Better pay attention.

[BlindBoy]

Eric has often stated that more of his stocks lose than those that win. However, his winning stocks will often be 10 baggers or more, and he will ride them hard as they report positive progress, i.e., he is prepared to increase his bets along the way;  so they provide profits far in excess of the losses he sustains on his losing stocks.

[likeike]

Blindboy are you saying he is not all in yet? IKE

[BlindBoy]

well, he's already around the legally allowed limit already, and he's retired from working, so this is a favourite playground to keep him happily occupied in his principal area of interest, so I imagine he's pretty happy with the direction of present circumstances. However, he's also a strong believer in the possibilities of this being a district wide play, so perhaps he's

[megacopper]

  He's doubling down with NFG because he knows they are on to a huge high grade gold discovery. Still early days with NFG. Things will begin to heat up big time going forward from here.