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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 > Time to Add
View:
Post by Stocks2Go on Aug 18, 2021 11:37am

Time to Add

Placement $11.39 for $50 million. The buyers know it's a good deal.
Comment by jake12116 on Aug 18, 2021 11:40am
Hopefully some of you sold with this thing start losing momentum at $13  and perhaps buying back in now every one is happy about this losing 40% value
Comment by rob1237 on Aug 18, 2021 2:24pm
They have now $100 in the bank. Its miller time boys 
Comment by Spikearoo1 on Aug 18, 2021 3:19pm
Agreed. I added for the first time since low 4's. What i dont get is why people are selling. This PP gives a ton o cash to drill the heck out of their property. I would expect a near future news release to say expwnding drill program to 350,000 meters and adding even more drills.
Comment by RYUcan on Aug 18, 2021 4:06pm
Same here. Added today and agree with your sentiment.
Comment by rob1237 on Aug 18, 2021 4:15pm
Over 100 mil in the bank they are cashed up into the end off 2022.... cant ask for better...and its down 10% from the Pp that raised 50 mil...great buying oppurtunity under $9.0 .....
Comment by Little on Aug 18, 2021 5:27pm
I added today. No other mines I know have these numbers big investors are in at over 11 bucks a share. Got to know something we don't . I don't think gold can stay down forever banks are buying it cheap now .  It is all patients. Even if gold goes to 1500 and they keep proving more the cheaper it is to mine  just my thought  
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