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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 > Gold market sentiment has turned positive
View:
Post by megacopper on Jul 29, 2021 9:57am

Gold market sentiment has turned positive

You can feel the gold market has turned positive after a rough couple months. The Fed has changed its tune a little and after yesterday's remarks it's like a huge weight has been lifted off the sector. The price of gold is already moving higher. This is great news for the entire gold sector and we should have an exciting fall.


We own shares in one of the best gold companies in the world with New Found Gold which has a very high quality asset in the Queensway property operated by a management team that is the very best in the world. Huge financial backing behind this company and it is in a mining friendly region and not up in the mountains or anywhere far up north that presents huge logistical challenges. Buy NFG at current levels and you will prosper in the coming months and years ahead. I am very confident that great drill results are right around the corner. There is a lot of high grade gold on this property. Still early in the discovery phase for NFG. Ordinarily I would not say such things about a gold junior whose stock that has done so well but it really is just the beginning for New Found Gold. What an incredible gold system. Many more high grade zones will be found. Enjoy the ride guys. The New Found Gold story is only going to get better from here.

Comment by wajac on Jul 29, 2021 12:30pm
For sure many more high grade zones will be found. They are still drilling the Pocket Ponds area and have been for a number of weeks. I suspect they have found some interesting core. The Rubicon Minerals report was quite positive about future drilling at Pocket Ponds and one of their cores had visible gold. It looks like this may turn out to be a high grade zone. 
Comment by megacopper on Jul 29, 2021 1:44pm
  Yes
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