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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 > Just a comment
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Post by Little on Aug 21, 2021 10:11pm

Just a comment

Just my thought. You can agree or disagree. I'm not an expert. All mining stocks have pulled back in the slow summer months, not just one and I believe it will turn around soon. If you are invested in NFG it is because you believe in the company and if you are right you will prosper. If you ever listened to Rick Rule he used to say that a good company with good management will keep investors updated and give them information on a regular bases. I believe that new NFG has been doing a great job at that. The fact they increased the total shares by 2.4 % does not bother me because now there is more money available without financing. 2.4% is only a 24 cent difference on $10 share price. If you are invested in NFG you want it to do well so you look to good news coming out and you may look for opinions why things are done the way they are done. You would not be posting comments to bash the stock and cause fear in the small investers  unless your only purpose was to short the stock. Read up what was done with RICO.V when the hedge funds posted miss information about them. People sold and drove down a good stock. They did it to game stop also.  I also disagree with the bad comments on this board everyone is making about Eric Sprott. They are Not his accountants. He has been buying common shares up to a week ago. He put his money where his mouth is. If you believe in the company invest. If you don't why are you on the message board bashing unless you only purpose is to short it. Just my rambling thoughts. Give me yours.
Comment by eldreco on Aug 21, 2021 10:38pm
Thank you, Little, You are not alone in having those thoughts! Rico was a bit different...Rico was an assault by Viceroy...a scurrilous shorting company (at the best of times!)...but you are correct. ES is a guy who has not only paid his dues...but he is still having fun doing it!  What more accolades can you possibly give to anybody in this strange biz that we are in? Thank you for your ...more  
Comment by rob1237 on Aug 22, 2021 11:35am
They have 3 serious high grade deposits discovered on one fault line, ...they have 100 million in the bank, they are drilling for another 6-8 months for a total of 200,000 meters and have 70 % left to drill, , 8 rigs going, and a possible world class district, share holders are top insustry players, small free float, ....and u still have time to participate.  hoping for more high grade ...more  
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