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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 > Bottom line
View:
Post by itsjustme1 on Sep 08, 2021 1:44pm

Bottom line

You can dissect this news release all you want. Bottom line, the market was very much not impressed.
Comment by likeike on Sep 08, 2021 1:56pm
Twas a low volley. Read Great Expectations....you mite learn something. IKE
Comment by Retiredgeo on Sep 08, 2021 2:12pm
Agreed, but I will blame market apathy before I blame the press release.  The market has a very short attention span!!  After 10 weeks of "filler" it will take time for people to start paying attention to NFG again.  Like before, these press releases will have a cumulative affect.  Today's meandering share price aside I think that NFG is off to a good Fall start.
Comment by braindeadoldguy on Sep 08, 2021 2:21pm
This post has been removed in accordance with Community Policy
Comment by itsjustme1 on Sep 08, 2021 6:47pm
braindeadoldguy - (9/8/2021 2:21:42 PM) RE:Bottom line Really??  The market was not impressed?  Hey pal, for starters, I want you to post how many free floating shares there are and then we'll talk about the market. I'll say it once more:  The stock market game and the mining game are different animals more often then you think.   Believe it or ...more  
Comment by diabase1 on Sep 08, 2021 7:27pm
I agree itsjustme. The market didn't like the news. The grades are fine, but the widths are narrow. Let's hope for an improvement.
Comment by Global1966 on Sep 08, 2021 8:12pm
The veins go bottom up not top down. They just doubled the ounces by drilling a few hundred metres. Wonder what is down there past the 1000 metre point. 
Comment by AUSTIN48 on Sep 08, 2021 8:20pm
Lets see if Quinton does another Crescat video.
Comment by Global1966 on Sep 08, 2021 10:34pm
Odds on this Friday
Comment by diabase1 on Sep 08, 2021 8:32pm
Where does the NR say it has doubled the ozs?? There may be nothing past 1000m, because it may be faulted off. Wait for the drilling to prove it first!! Still positive on NFG!!
Comment by itsjustme1 on Sep 08, 2021 8:56pm
We are still pretty early in the game here. Many more [hopefuly] "better" news releases to come. It seems like some people are already counting there profits. I have none, as I bought in late at $9.35. Hoping next news release is more promising. Not saying this one was bad, it just was not great.
Comment by Retiredgeo on Sep 09, 2021 7:29am
For the record ladies and gentlemen the Swan zone at Fosterville is 2-5 m in width (the famous photo of the miners standing in front of the white vein).  Sometimes they blow out, like at Keates, but that is probably the exception, not the rule.  These epizonal gold zones are thin by definition (narrow vein mining). You cannot count on larger widths at Lotto or elsewhere.  The big ...more  
Comment by Retiredgeo on Sep 09, 2021 7:37am
I should have said "how long, how deep and how rich?"
Comment by cyberman on Sep 09, 2021 8:19am
sounds like a song, "how deep is your love" of gold. LOL. great info as usual, thanks Geo.
Comment by Gangsterme on Sep 09, 2021 8:02am
Hi Retiredgeo. As you know and I wish others would understand, the reason they are drilling these sites are not to be able to give assay results of cores and thus promote the stock, they are drilling in a way that they hope to eventually be able to determine how to extract the gold at a profit. This means the gold has to be located and then extracted and refined. The definition of a mine is....an ...more  
Comment by Royal10 on Sep 09, 2021 9:52am
Very good observations Gangsterme (16)! Buying a stock is always a gamble! That's why the management's past success becomes very important when we choose to put some money in a business!. I am very confortable with NFG's leadership.
Comment by pantonor on Sep 09, 2021 9:28am
This post has been removed in accordance with Community Policy
Comment by likeike on Sep 08, 2021 11:12pm
There may be homeruns in the future but this is a bunt at best. itsjustme it is just you....BUT THIS IS A BUNT AT BEST.? I think you are talking about baking so why don't you take your Bunt Cake Pan  and go home. You cannot come here and speak big baseball metaphors when you are sitting  on the bench at best. Afterall there is no bunt cake baking in baseball. IKE
Comment by itsjustme1 on Sep 09, 2021 2:04pm
likeike (1280) User Actions   September 08, 2021 - 11:12 PM 94 Reads Post# 33829592 RE:RE:RE:Bottom line There may be homeruns in the future but this is a bunt at best. itsjustme it is just you....BUT THIS IS A BUNT AT BEST.? I think you are talking about baking so why don't you take your Bunt Cake Pan   ...more  
Comment by likeike on Sep 09, 2021 2:34pm
Spoken like the guy nobody picked to be on their team or every owned a ball cap......... If you respond to could you please use complete sentences or  is English your second language Sports, cooking, dancing how many other side topics you going to bring up  Bad sports analogies aside you are not a team player IKE
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