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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 > Low volume since last news release
View:
Post by megacopper on Jun 16, 2021 1:38pm

Low volume since last news release

One positive to take from the last couple of days is the volume has been relatively low. Since the last news release that was really good news but obviously not good enough for the market. The bar has been set so high with NFG that drill results that are still really good is perceived as not so good by the market. Interesting how the market has a mind of its own. Not sure where this correction for NFG will stop but it looks like they are getting much more aggressive with drilling the Keats Zone. There are 4 drills out there now juston the Keats Zone. Two on the mystery zone (near original Dome Prospect discovered by Al Keats)  and one on the Lotto Zone. We shouldn't have to wait long for more high grade gold intervals with 7 drills turning. Ready to buy more on any further weakness.
Comment by 130KingSt on Jun 16, 2021 1:51pm
This post has been removed in accordance with Community Policy
Comment by ronreagan on Jun 16, 2021 2:22pm
Oh, Old Fox, and YOU are the "pro"? And yet YOU are scared to even tell us whether to buy/sell/hold, right? Of ANY stock, including NFG too. You never received a trophy when you were a kid, and now you're trying your hardest to get one - but nobody's playing.  The story of your life. The is psychiatric material.
Comment by megacopper on Jun 16, 2021 3:12pm
  Read my post again. That was exactly my point that nobody determines the price of a particular stock. The market does. 
Comment by 130KingSt on Jun 16, 2021 3:24pm
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Comment by 130KingSt on Jun 16, 2021 4:01pm
This post has been removed in accordance with Community Policy
Comment by BlueChipper2020 on Jun 16, 2021 2:01pm
Megacopper Where is the 7th drill? Also why is the one zone called "mystery zone"? Thanks 
Comment by megacopper on Jun 16, 2021 3:21pm
  The last time I was out there the 7th drill was on the JPB fault near H Pond. The mystery zone is what the locals call it because there has been two drills out there between the Keats and Lotto Zones for a very long time and there have been rumours of another zone but nobody knows for sure where it is or if it even exists because it's all rumours.  With regards to the share ...more  
Comment by GreekGoldGuy on Jun 16, 2021 2:58pm
No concerns from the Greek on the absurd price decrease in NFG shares. NFG remains and most likely shall always be a no-brainer to hold.  Good grief, 17 consecutive BONANZA grade results.  The Greek here, if you don't have a stiff upper lip, you should not be buying Junior Miners. 
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