New Found Gold Corp V.NFG

WHY SHARE PRICE SO STAGNANT THAN IF.....

[ZaPhiCa]

If we think that this is a World Class Deposit.?
I have a right to ask because I have put almost a $1 mil into this play. Did my research so I am confident but still want to hear from others about current shi....ty SP.
Z.

[cyberman]

hi again ZaP, ya that's the thing, current share price rarely reflects the actual value of any company, look at Trillium the other day, PFE offered them 3x end of day closing price, went from $6.00 at close to $18 at open. imo, this will prove us all saavy investors, regardless of amount invested. best, Cy.

[Kewl002]

Share prices seem to be walked down quite often in advance of a large financing -- so that the pricing of same does not appear totally out of whack.  Shareholders are more willing to accept without complaint a flow-thru share price of $11.50 when the stock is trading at $10 than if the stock was trading at $13. At $13 no investor would be willing to invest $57M into an "exploration"

[ZaPhiCa]

yes Sir and Thank You for comments.  I am only trying to start some other discussion. 

[cyberman]

absolutely understood. and honestly, this is probably the most polite bb ever, but i'll call 'em as i see 'em, not afraid to mix up if necessary, so far so good ! LOL. i know time is money so induldge me for a mere 3 minutes for a little related mining music from a legend...a song he wrote for when he came to our town, former u3o8 mining capital of the world. https://www

[Kewl002]

That's a DAMN good song for a miner! Canadian ICON -- thanks for posting!

[megacopper]

  NFG has got 9 drills going pow pow pow, that lots of holes for a miner. Lol. We will have to get someone to make up a song for the Queensway discovery. Too bad poor ole Stompin Tom isn't still alive. A true Canadian legend. 

[cyberman]

mega, it has to end in a "...teen" or it doesn't rhyme ! LOL

[megacopper]

  Yeah I was never good at rhyming or singing. We will wait until NFG ends up with 14 or 15 drills and make up a song. Lol

[cyberman]

hehe, 'ol Tom busted the plywood good that night ! pretty incredible if you think about Northern Ontario, within about 500 miles, all of these places were or are; Sudbury; nickel capital Elliot Lake; uranium capital SSMarie; big steel plant Kirkland Lake; world class gold Timmins; bigger world class gold but now, and with great pleasure, it's all about Newfoundland, BOOOM !

[cyberman]

and don't forget Hemlo sheeesh.

[megacopper]

  Yes we have got a lot of catching up to do. This discovery by New Found Gold has really helped things along. It's a good thing Eric Sprott is a big believer and has continued to invest in the NL gold juniors. There will be a lot more gold discoveries. Still early days. 

[braindeadoldguy]

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