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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 on upward trend
View:
Post by farmboy75 on Aug 04, 2021 9:12am

Gold on upward trend

How can it do otherwise with the" Transitory inflation" kicking into high gear . Up 17.00 this morning as I post. The markets have been going ever higher with people jumping in with all the free monies the US and Canadian governments have been handing out. But this covid thing is roaring back with new varients and looks to be with us in one form or another for years to come. So gold trending up , some dandy drill results would be nice right about now. GLTAL
Comment by braindeadoldguy on Aug 04, 2021 9:21am
This post has been removed in accordance with Community Policy
Comment by goldanalyst on Aug 04, 2021 10:05am
Not many buying the false breakout this time around.....unless it breaks $1832 with conviction the gold price will travel back towards $1800. This is the third time $1830-ish has been rejected despite great news for gold....It may need to test lower support again before we finally break through...gold stocks should follow if the breakout is real...stay tuned
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